Chimera Investment's Series A Preferred Stock Yield Pushes Past 8.5%

In trading on Tuesday, shares of Chimera Investment Corp's 8.00% Series A Cumulative Redeemable Preferred Stock (CIM. RA) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $23.15 on the day.