Chimera Investment (CIM) Approves One-for-Five Reverse Split; Boosts Dividend

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Chimera Investment (CIM) Raises Quarterly Dividend 6.7% to $0.096; 12.1% Yield

March 17, 2015 4:20 PM EDT

Chimera Investment (NYSE: CIM) declared a quarterly dividend of $0.096 per share, or $0.384 annualized. This is a 6.7% increase from the prior dividend of $0.09.

The dividend will be payable on April 30, 2015, to stockholders of record on March 31, 2015, with an ex-dividend date of March 27,... More