|
Featured MNV Articles:
| Ex-Div Reminder for Chimera Investment Corp's 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred StockBy Preferred Stock Channel Staff, Tuesday, December 12, 1:36 PM ET
On 12/14/23, Chimera Investment Corp's 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE:CIM.PRB) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 1/2/24. As a percentage of CIM.PRB's recent share price of $23.73, this dividend works out to approximately 2.11%, so look for shares of CIM.PRB to trade 2.11% lower — all else being equal — when CIM.PRB shares open for trading on 12/14/23. On an annualized basis, the current yield is approximately 8.40%, which compares to an average yield of 8.17% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, CIM.PRB was trading at a 4.76% discount to its liquidation preference amount. The chart below shows the one year performance of CIM.PRB shares, versus CIM:
Below is a dividend history chart for CIM.PRB, showing historical dividends prior to the most recent $0.50 on Chimera Investment Corp's 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock: Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
In Tuesday trading, Chimera Investment Corp's 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE:CIM.PRB) is currently down about 0.3% on the day, while the common shares (NYSE:CIM) are trading flat.
This Article's Word Cloud:
Arial
Below
Channel
Chimera
Corp
Cumulative
Days
Dividend
Dollars
Estate
Fixed
Floating
Going
Investment
Join
NYSE
Offer
Preferred
Rate
Real
Redeemable
Series
Seven
Special
Start
Stock
Stocks
Tuesday
ValueForum
about
according
afterLeftLabels
amount
annualized
approximately
average
axisColor
background
basis
beforeLeftLabels
chart
dividend
escape
fillColor
mdash
recent
shares
trade
trading
yield
|