Chimera Investment's Series A Preferred Stock Yield Pushes Past 7.5%
February 25, 2020 at 14:23 PM EST
In trading on Tuesday, shares of Chimera Investment Corp's 8.00% Series A Cumulative Redeemable Preferred Stock (CIM. RA) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $26.54 on the day.