Welcome to our dedicated page for Chimera Investment news (Ticker: CIM), a resource for investors and traders seeking the latest updates and insights on Chimera Investment stock.
Chimera Investment Corporation (CIM) is a dynamic real estate investment trust (REIT) focusing on a broad range of mortgage assets. By leveraging its investments, Chimera strategically enhances its portfolio, which consists of government-sponsored agency residential mortgage-backed securities (RMBS), non-agency RMBS, agency commercial mortgage-backed securities, residential mortgage loans, and various other real estate-related securities.
Renowned for its robust and diversified investment strategy, the company's primary focus is on agency mortgage-backed securities, which form the cornerstone of its portfolio. Complementing this are significant investments in subprime residential mortgage loans and non-agency RMBS, diversifying the risk and enhancing potential returns.
Chimera's adept management and strategic partnerships have been instrumental in navigating the fluctuating real estate market. The company’s commitment to maximizing shareholder value through meticulous portfolio management and its ongoing projects highlight its proficiency in the real estate investment sector. Investors can rely on Chimera for consistent performance updates, reflecting the latest developments and financial health of the company.
With a transparent and direct approach to communication, Chimera ensures that stakeholders are well-informed about recent achievements, financial conditions, and future projects. This dedication to clarity and precision makes it a significant player in the market, attracting investors seeking reliable and detailed information about their investments.
Chimera Investment Corporation has declared its second-quarter 2022 cash dividend of $0.33 per share for common stock and $0.50 per share for various series of preferred stock, including Series A, B, C, and D. The dividends are payable on July 28, 2022 for common stockholders and on June 30, 2022 for preferred shareholders, with respective record dates of June 30 and June 1, 2022. The ex-dividend date is set for June 29, 2022. This declaration reflects the company’s ongoing commitment to returning value to shareholders.
Chimera Investment Corporation (NYSE: CIM) will release its financial results for Q1 ending March 31, 2022, on May 5, 2022, before 7:00 a.m. EDT. A conference call will follow at 8:30 a.m. EDT, where the results will be discussed. The call can be accessed via U.S. toll-free number (866) 682-6100 or internationally at (862) 298-0702. A replay will be available on their website for 12 months and via dial-in for two weeks. For more details, visit www.chimerareit.com.
Chimera Investment Corporation (NYSE: CIM) announced that John P. Reilly, an independent board member since April 2010, will not seek re-election at the 2022 Annual Meeting of Stockholders, effective March 24, 2022. The company expressed gratitude for his significant contributions, including his roles on the Nominating/Corporate Governance and Compensation Committees. Reilly's departure marks a change in the board composition, which could influence future governance.
The Board of Directors of Chimera Investment Corporation (CIM) has declared its first quarter 2022 cash dividend of
Chimera Investment Corporation (NYSE:CIM) reported a GAAP net loss of $718,000 ($0.00 per diluted share) for Q4 2021. However, the full year GAAP net income was $596 million ($2.44 per diluted share). Earnings available for distribution were $111 million ($0.46 per diluted share) for Q4 and $429 million ($1.78 per diluted share) for the year. The company highlighted a significant increase in loan purchases to $3.2 billion in 2021, aided by low interest rates. Its GAAP book value stood at $11.84 per share.
Chimera Investment Corporation (NYSE: CIM) will release its financial results for Q4 and the full year ended
Chimera Investment Corporation (NYSE:CIM) announced the appointment of Sandra Bell as a Class II Director on its Board. Bell, who has served as CFO of Tiptree Inc. since July 2015, brings extensive experience from previous roles at Prospect Mortgage and PHH Corporation. She will also participate in the Audit and Risk Committees. Her election is set for the 2022 shareholder meeting, where she will complete the remaining two years of the Class II Director term. Chairman Gerry Creagh expressed confidence in Bell's expertise enhancing the Company.
The Board of Directors of Chimera Investment Corporation has declared the fourth quarter 2021 dividends for its investors. The common stock dividend is
Chimera Investment Corporation (CIM) reported a GAAP net income of $313 million or $1.30 per diluted share for Q3 2021, with earnings available for distribution of $102 million, translating to $0.42 per share. The total economic return stood at 10.5%, driven by a disciplined investment strategy, evidenced by nearly $850 million in new loans added to the portfolio during the quarter. The book value per share increased to $12.32. The company's strategy focuses on investing in a diverse portfolio of mortgage assets, utilizing a leveraged approach.
Chimera Investment Corporation (NYSE: CIM) plans to release its third quarter financial results for the period ended September 30, 2021 on November 3, 2021, prior to 7:00 a.m. EDT. A conference call will follow at 8:30 a.m. EDT to discuss the results. Interested parties can participate via toll-free numbers or through an audio webcast available on the company’s website. A replay of the call will be accessible for one week post-event.
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