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Chimera Investment (CIM) Cuts Qtr. Dividend to $0.13; 14.9% Yield

June 20, 2011 4:06 PM EDT
Chimera Investment (NYSE: CIM) declared a quarterly dividend of $0.13 per share, or $0.52 annualized. Last quarter the company paid a quarterly dividend of 14 cents, representing a 7 percent reduction.

The dividend will be payable on July 28, 2011, to stockholders of record on June 30, 2011, with an ex-dividend date of June 28, 2011.

The annual yield on the dividend is 14.9 percent.


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