Chimera Investment's Series D Preferred Stock Shares Cross 9.5% Yield Mark
November 11, 2020 at 14:05 PM EST
In trading on Wednesday, shares of Chimera Investment Corp's 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (CIM. RD) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $21.01 on the day.
