Chimera Investment Corporation(CIM) is having a Dividend Yield of 11.12% with the Annual cash Dividend per share of $1.94. The last quarter cash dividend per share pay out was $0.5. Chimera Investment Corporation has a 5 year average dividend yield of 12.74% and the stock has a Indicated annual dividend of $2. Chimera Investment Corporation(CIM) formally announced its most recent dividend on February 15, 2017 with a Dividend per share of $0.5. The new indicated annual dividend based on announced dividend per share is $2. The dividend yield based on the forward looking indicated annual dividend is 11.12%. Chimera Investment Corporation(CIM) has the most recent dividend payout ratio of 0.83 with a 5-year average payout ratio of 0.88. The 5 year historical dividend growth of Chimera Investment Corporation(CIM) is at the rate of 0.95% while the R-Squared dividend growth is 0.07. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Chimera Investment Corporation (NYSE:CIM) rose 4% or 0.72 points on Thursday and made its way into the gainers of the day. After trading began at $18.17 the stock was seen hitting $18.71 as a peak level and $18.1 as the lowest level. The stock ended up at $18.71. The daily volume was measured at 2,574,562 shares. The 52-week high of the share price is $18.71 and the 52-week low is $11.8. The company has a market cap of $3,513 million. Shares of Chimera Investment Corporation rose by 3.31% in the last five trading days and 6.98% for the last 4 weeks. Chimera Investment Corporation is up 17.86% in the last 3-month period. Year-to-Date the stock performance stands at 9.93%.
Currently the company Insiders own 0.62% of Chimera Investment Corporation shares according to the proxy statements. Institutional Investors own 53.03% of Chimera Investment Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 1.36%. Company has reported several Insider transactions to the SEC, on Sep 13, 2016, Choudhary Yarlagadda (COO) purchased 2,305 shares at 16.10 per share price.On Mar 2, 2016, Dennis Mahoney (director) purchased 4,500 shares at 13.11 per share price.On Mar 2, 2016, Mohit Marria (Chief Investment Officer) purchased 15,000 shares at 13.11 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Chimera Investment Corporation was Upgraded by Wells Fargo to Market Perform on Feb 16, 2017.
Chimera Investment Corporation Last issued its quarterly earnings results on Feb 14, 2017. The company reported $0.65 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.62. The company had revenue of $154.10 million for the quarter, compared to analysts expectations of $149.57 million. The companys revenue was down -1.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.53 EPS.
Chimera Investment Corporation is a publicly traded real estate investment trust, or REIT, that is primarily engaged in real estate finance. It invests, either directly or indirectly through its subsidiaries, in RMBS, residential mortgage loans, Agency CMBS, commercial mortgage loans, real estate-related securities and various other asset classes. The company has elected and is organized and has operated in a manner that enables it to be taxed as a REIT under the Internal Revenue Code.