Close

Chimera Investment (CIM) Files Q213 10-Q; Declares Dividend

March 20, 2014 5:02 PM EDT
Chimera Investment Corporation (NYSE: CIM) continues to make progress in filing its past due SEC reports and filed its 2nd quarter 2013 Form 10-Q today. Chimera expects to file its 3rd quarter Form 10-Q in the month of April and at that time will provide guidance on the filing of its 2013 Form 10-K. Chimera expects to continue to file on an accelerated pace to ensure investors are receiving the most timely information possible. Management expects to be a current filer in 2014. With each quarterly or annual filing, Chimera will provide specific information regarding the timing of future filings. NYSE grants 6 month extension to file Chimera’s 2013 Form 10-K Chimera announced that the filing of Form 10-K for the year ended December 31, 2013 will be delayed beyond the Form 12b-25 extended due date. As detailed in Chimera’s Form 12b-25, as a result of the previously completed restatement of Chimera’s financial statements for the period covering 2008 through 2011 that was included in Chimera’s Annual Report on Form 10-K for the year ended December 31, 2011 that was filed on March 8, 2013, Chimera was not able to file its Annual Report on Form 10-K for the year ended December 31, 2013 within the extension period provided under Rule 12b-25. The NYSE will closely monitor the status of Chimera and related public disclosures for a period of up to six months from its due date. If Chimera fails to file its annual report within the six month from the filing due date, the NYSE may allow Chimera to trade for an additional six month period depending on specific circumstances. Chimera will continue to be identified with an “LF” identifying the Company as a late filer. First Quarter 2014 Dividend and Continuation of Dividend Program The Board of Directors of Chimera today announced the declaration of its first quarter 2014 cash dividend of $0.09 per common share. This dividend is payable April 24, 2014, to common shareholders of record on March 31, 2014. The ex-dividend date is March 27, 2014. The Board of Directors has reviewed the dividend program and will continue to pay a dividend of $0.09 per share for the second quarter of 2014.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Dividends, Earnings, Litigation, SEC Filings

Related Entities

Dividend