Chimera Investment (CIM) Declares $0.50 Quarterly Dividend; 11% Yield

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Chimera Declares First Quarter 2017 Dividend of $0.50 Per Share

February 14, 2017 5:02 PM EST

BOARD DECLARES FIRST QUARTER 2017 DIVIDEND OF $0.50 PER SHARE OF COMMON STOCK BOARD EXPECTS TO MAINTAIN A $0.50 DIVIDEND FOR THE REMAINING THREE QUARTERS OF 2017 BOARD DECLARES FIRST QUARTER 2017 DIVIDEND OF $0.50 PER SHARE OF 8% SERIES A CUMULATIVE REDEEMABLE PREFERRED STOCK

NEW YORK--(BUSINESS WIRE)-- The Board of Directors of Chimera announced the declaration of its first quarter cash dividend of $0.50 per common share. The dividend is payable April 28, 2017 to common stockholders of record on March 31, 2017. The ex-dividend date is March 29, 2017.

The Board of... More