Chimera Investment's Series A Preferred Stock Shares Cross 9.5% Yield Mark
April 11, 2024 at 14:12 PM EDT
In trading on Thursday, shares of Chimera Investment Corp's 8.00% Series A Cumulative Redeemable Preferred Stock (CIM. RA) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $21.03 on the day.