An announcement from Chimera Investment ( (CIM) ) is now available.
Chimera Investment Corporation has announced an increase in their third-quarter cash dividend to $0.37 per share of common stock, marking the second consecutive quarter of dividend growth. The dividend will be payable on October 31, 2024, to stockholders on record as of September 30, 2024. The company’s CEO expressed optimism about continuing to enhance shareholder value amidst a more favorable interest rate environment. Chimera, a REIT, invests in a variety of mortgage assets and aims to leverage its portfolio to generate returns for investors.
For detailed information about CIM stock, go to TipRanks’ Stock Analysis page.
