Chimera Investment Corporation was established in Maryland on June 1, 2007 and began operations on November 21, 2007. The Company is a publicly traded Caretrust Reit primarily engaged in the business of investing directly in a diversified portfolio of mortgage assets or having beneficial interests in such assets as residential mortgage loans, agency RMBS, non-agency RMBS, agency CMBS, business purpose and investor loans, and real estate related assets. MBS and real estate related securities purchased by the Company may include investment grade, non-investment grade, non-rated categories. 

Chimera Investment's Series D Preferred Stock will trade ex-dividend on 9/1/26, with a quarterly dividend of $0.5984, payable on 9/30/26. As a percentage of the recent share price of $24.58, this dividend works out to approximately 2.43%. The annualized yield is around 9.71%, higher than the average yield of 8.09% in the "Real Estate" preferred stock category.

Chimera Investment

Chimera Investment Corp Ex-Dividend Reminder for CIM.PRD on 9/1/26

Chimera Investment Corporation's preferred shares and baby bonds offer income investors options, with CIM-A boasting a 9.27% stripped yield. However, CIM-A is overpriced at recent prices, trading at 110.7% of the buy target, while CIM-B is trading at 100.3% and offering a higher 10.24% stripped yield. CIM-A's fixed coupon rate of 8% may appeal to investors, but CIM-B's floating rate may be more attractive for some. Investors should carefully consider the valuation and yields before making a decision.

Chimera's CIM-A Preferred Share Overpriced, CIM-B Offers Better Value

Chimera Investment: Keefe, Bruyette & Woods lowers PT to $14.00 from $15.00.

Chimera Investment PT down to $14.00, KBW maintains Market Perform rating.

Chimera Investment Corp reported Q2 2026 EAD of $0.46 per share, exceeding its $0.45 quarterly dividend and aligning with its projected underlying run rate. Home Express delivered a record $1.1 billion in loan origination volume, up 30% YoY and 24% sequentially. The company completed two resecuritizations, improved credit performance, and reaffirmed its full-year 2026 EAD guidance of at least $1.80 per share. However, Chimera reported a GAAP net loss of approximately $4 million, driven by a $13 million loss in its investment portfolio segment, and book value per share declined 3.2% to $17.75 due to higher Treasury yields.

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