Chimera Investment (CIM) Reports In-Line Q4 EPS; Boosts Stock Buyback Authorization
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CHIMERA INVESTMENT CORPORATION RELEASES 4TH QUARTER 2015 EARNINGS
February 17, 2016 4:51 PM EST4TH QUARTER 2015 CORE EARNINGS(1) OF $0.53 PER SHARE AND GAAP EARNINGS OF $0.61 PER SHARE FULL YEAR CORE EARNINGS (1) OF $2.37 PER SHARE UP FROM $2.14 IN 2014 AND $1.69 IN 2013. 2015 TAXABLE DIVIDENDS PER SHARE OF $1.92 PER SHARE UP 7% FROM $1.79 IN 2014 AND UP 37% FROM $1.40 IN 2013 ECONOMIC BOOK VALUE(1) OF $14.65 PER SHARE AND GAAP BOOK VALUE OF $15.70 PER SHARE BOARD INCREASES EXISTING SHARE BUYBACK PROGRAM BY $100 MILLION TO $350 MILLION BOARD DECLARES FIRST QUARTER 2016 DIVIDEND OF $0.48 PER SHARE; EXPECTS TO... More
