Chimera Investment (CIM) Declares $0.50 Special Dividend; 3.7% Yield

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Go back to Chimera Investment (CIM) Declares $0.50 Special Dividend; 3.7% Yield

Chimera Investment Corporation Announces Special Common Stock Dividend of $0.50 per Share

March 3, 2016 4:05 PM EST

NEW YORK--(BUSINESS WIRE)-- Chimera Investment Corporation (NYSE: CIM) today announced that the Board of Directors declared a special common stock dividend of $0.50 per share. The special dividend is payable on March 31, 2016 to stockholders of record on March 17, 2016. The ex-dividend date is March 15, 2016.

As disclosed in our most recent Annual Report on Form 10-K, the Audit Committee pursued remedies against other parties regarding the facts and circumstances relating to our accounting for Non-Agency RMBS and the restatement of our financial statements. The Audit Committee and our Board of Directors... More