chimera investment corp
(CIM:New York Consolidated)
chimera investment corp (CIM) Snapshot
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Open
$3.27
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Previous Close
$3.26
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Day High
$3.27
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Day Low
$3.18
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52 Week High
03/26/13 - $3.34
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52 Week Low
07/27/12 - $1.81
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Market Cap
3.3B
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Average Volume 10 Days
6.3M
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EPS TTM
$0.47
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Shares Outstanding
1.0B
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EX-Date
03/27/13
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P/E TM
6.9x
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Dividend
$0.36
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Dividend Yield
11.18%
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Related News
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Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in residential mortgage-backed securities (RMBS), residential mortgage loans, commercial mortgage loans, real estate-related securities, and various other asset classes. Its targeted asset classes include non-agency RMBS, such as investment-grade and non-investment grade classes; agency RMBS; insured loans; and first or second lien loans secured by multifamily properties, mixed residential or other commercial properties, retail properties, office properties, and industrial properties. The company’s asset-backed (ABS) securities include commercial mortgage-backed securities, debt and equity tranches of collateralized debt obligations, and consumer and non-consumer ABS. The company has elected to be taxed as a REIT for federal income tax purposes and would not be subject to income tax, if it distributes at least 90% of its REIT taxable income to its share holders. Chimera Investment Corporation was founded in 2007 and is based in New York, New York.
chimera investment corp (CIM) Key Developments
Chimera Investment Corporation announced that Robert Colligan has been appointed its chief financial officer. Mr. Colligan will oversee Chimera's treasury, accounting and financial reporting functions. Mr. Colligan, 41, has been working in accounting and finance for over 20 years. Mr. Colligan joins Fixed Income Discount Advisory Company, the external manager of Chimera, as a Managing Director from Starwood Capital Group where he was the Controller for the last five years. At Starwood Capital Group, Mr. Colligan focused on financial reporting, treasury, tax, operational and strategic initiatives. Prior to Starwood Capital Group, from 2002 to 2008 Mr. Colligan was a Managing Director at Bear Stearns and from 1999 to 2002 a Vice President at Merrill Lynch in financial reporting, strategy and investor relations roles. Mr. Colligan began his career at PricewaterhouseCoopers where from 1993 to 1999 he had roles in both audit and national tax. A. Alexandra Denahan resigned from her position as Chimera's Chief Financial Officer, but will continue to serve as Chimera's principal financial officer and principal accounting officer.
On 05/13/2013, Chimera Investment Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Chimera Investment Corporation announced that the board of directors has decided to maintain a quarterly dividend of $0.09 per share for each of the third quarter and fourth quarter of 2013. The board of directors will review this program after the conclusion of the fourth quarter of 2013.
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| CIM:US | $3.22 USD | -0.04 | |
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To contact CHIMERA INVESTMENT CORP, please visit www.chimerareit.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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