Chimera Investment (CIM) Declares $0.09 Quarterly Dividend; Says GAAP Book Value is $3.27/sh

Chimera Investment (NYSE: CIM) declared a quarterly dividend of $0.09 per share, or $0.36 annualized.

The dividend will be payable on July 24, 2014, to stockholders of record on June 30, 2014, with an ex-dividend date of June 26, 2014.

The annual yield on the dividend is 11.4 percent.

March 31, 2014 Estimated Book Value

The Company announced today that its estimated March 31, 2014 GAAP book value was $3.27 per share and its economic book value was $3.01 per share, compared to its December 31, 2013 GAAP book value of $3.24 per share and economic book value of $2.82 per share.

Estimated economic book value considers the fair values of only the assets the Company owns or is able to dispose of, pledge, or otherwise monetize, and specifically excludes assets consolidated for GAAP that the Company cannot dispose, pledge or otherwise monetize. The Company's estimate of economic book value has important limitations. Should the Company sell assets in its portfolio, it may realize materially different proceeds from the sale than estimated as of the reporting date.

For a dividend history and other dividend-related data on Chimera Investment (CIM) click here.

You May Also Be Interested In

• MDU Resources Group (MDU) Raises Quarterly Dividend 3.6% to $0.145; 2.9% Yield
• GAP (GAP) Declares $0.175 Quarterly Dividend; 3.5% Yield
• Murphy USA Inc. (MUSA) Declares $0.65 Quarterly Dividend; 0.5% Yield