Chimera Investment Increases Quarterly Dividend to $0.50 Per Share
Chimera Investment (CIM) has announced an 11.1% increase in its quarterly dividend, raising the payout from $0.45 to $0.50 per share. This adjustment reflects a significant commitment to shareholder returns, resulting in a high forward dividend yield of approximately 23.04%. The dividend is scheduled to be payable on December 30, with a record date of December 1 and an ex-dividend date of December 1. The increase comes amid ongoing market discussions regarding the company's yield levels and its comparative performance in bond and preferred share markets.
Topics: dividend increase quarterly dividend yield
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