Chimera Investment's Series D Preferred Stock Crosses Above 10% Yield Territory
In trading on Wednesday, shares of Chimera Investment Corp's 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: CIM.PRD) were yielding above the 10% mark based on its quarterly dividend (annualized to $2.3936), with shares changing hands as low
In trading on Wednesday, shares of Chimera Investment Corp's 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: CIM.PRD) were yielding above the 10% mark based on its quarterly dividend (annualized to $2.3936), with shares changing hands as low
BELLINGS Intelligence Score: 15
Why it matters
Chimera Investment's Series D preferred stock yield crossing 10% is a notable market signal for that security but represents routine market pricing reflecting credit risk and liquidity conditions, with limited broader market impact.
Sources
Nasdaq
Chimera Investment's Series D Preferred Stock Crosses Above 10% Yield Territory
In trading on Wednesday, shares of Chimera Investment Corp's 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: CIM.PRD) were yielding above the 10% mark based on its quarterly dividend (annualized to $2.3936), with shares changing hands as low