Chimera Investment's Series B Preferred Stock Shares Cross 9.5% Yield Mark
September 10, 2020 at 14:17 PM EDT
In trading on Thursday, shares of Chimera Investment Corp's 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (CIM. RB) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $21.05 on the day.