Chimera Investment's Series A Preferred Stock Shares Cross 8.5% Yield Mark
September 17, 2020 at 14:21 PM EDT
In trading on Thursday, 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 $23.52 on the day.