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NEW YORK - Chimera Investment Corporation declared a second quarter cash dividend of $0.45 per common share, matching the first quarter 2026 dividend, according to a press release statement.
The dividend is payable on July 31, 2026 to common shareholders of record on June 30, 2026. The ex-dividend date is June 30, 2026.The $1.80 annualized dividend translates to a yield of approximately 13.6%, according to InvestingPro data. An InvestingPro Tip highlights that Chimera has maintained dividend payments for 20 consecutive years, demonstrating a strong commitment to shareholder returns.
The Board of Directors stated the dividend aligns with its previously announced expectation to maintain the $0.45 quarterly dividend throughout 2026. The quarterly payment reflects an annualized rate of $1.80 per share.
Chimera Investment Corporation is a diversified real estate company that invests in, originates, and manages primarily residential real estate assets. The company trades on the NYSE and is structured as an internally managed real estate investment trust.With a market capitalization of $1.12 billion, the stock currently appears undervalued according to InvestingPro’s Fair Value analysis. Investors seeking deeper insights can access comprehensive Pro Research Reports and additional ProTips on the platform.
In other recent news, Chimera Investment Corporation reported its first-quarter earnings for 2026, revealing a significant earnings per share (EPS) miss. The company reported an EPS of -$0.78, which was well below the forecasted $0.52, resulting in a negative surprise of 250%. This financial performance highlights the challenges the company is facing amid its strategic repositioning. Despite the disappointing earnings, the company’s efforts in strategic repositioning and strong dividend coverage remain focal points for investors. These recent developments are critical for stakeholders as they assess the company’s future trajectory.
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Source: Investing.com