Chimera Investment Corporation has announced its second quarter cash dividend of $0.37 per common share. This dividend is payable on July 31, 2025, to common stockholders of record on June 30, 2025, with the ex-dividend date set as June 30, 2025.
Chimera Investment Corporation is a publicly traded real estate investment trust primarily engaged in investing, managing, and advising on a diversified portfolio of real estate assets.
In the previous period, the dividend declared was $0.35 per common share, indicating a $0.02 increase in the current period. This represents a 5.71% increase in the dividend payout compared to the previous period.
Investors will likely be pleased with the increase in the dividend payout, which demonstrates growth and potential confidence in the company's performance. As a result of these announcements, the company's shares have moved 1.16% on the market, and are now trading at a price of $13.91. For the full picture, make sure to review CHIMERA INVESTMENT CORP's 8-K report.