On June 1, 2026, Chimera Investment Corp’s 8.00% Series A Cumulative Redeemable Preferred Stock (CIM.PRA) will trade ex-dividend for a quarterly dividend of $0.50, set to be paid on June 30, 2026. This dividend represents approximately 2.22% of the recent share price of $22.50. The stock is expected to open 2.22% lower when trading resumes. The annualized yield is about 8.85%, notably higher than the average yield of 8.06% in the Real Estate preferred stock category.
As of the latest trading day, CIM.PRA is down about 0.5%, while the common shares (CIM) remain flat. Chimera Investment Corp comprises 4.68% of the Kingsbarn Dividend Opportunity ETF (DVDN), which is trading relatively unchanged.
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