Chimera Investment (CIM) Declares $0.48 Quarterly Dividend; 13.9% Yield
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Chimera Investment Corporation Announces Third Quarter 2015 Dividend of $0.48 per Share
September 14, 2015 6:05 AM EDTNEW YORK--(BUSINESS WIRE)-- The Board of Directors of Chimera today announced the declaration of its third quarter 2015 cash dividend of $0.48 per common share. This dividend is payable October 30, 2015, to common stockholders of record on September 30, 2015. The ex-dividend date is September 28, 2015.
The Board of Directors also announced that it expects to maintain a minimum quarterly dividend of $0.48 for the fourth quarter of 2015.
The Company distributes dividends based on its current estimate of taxable earnings per common share, not GAAP earnings. Taxable and GAAP earnings will typically differ due to items such as differences in premium amortization,... More
