Welcome to our dedicated page for Chimera Invt news (Ticker: CIM), a resource for investors and traders seeking the latest updates and insights on Chimera Invt stock.
Chimera Investment Corporation (NYSE: CIM) is a mortgage-focused real estate investment trust whose news flow centers on mortgage credit, capital markets activity, and corporate developments. The company regularly issues press releases and related Form 8-K filings covering its financial results, dividends, securities offerings, and acquisitions.
Investors following CIM news will see quarterly earnings announcements that detail GAAP net income, earnings available for distribution, book value metrics, and the performance of its diversified portfolio of mortgage assets. These earnings releases are often accompanied by conference call and webcast details, as well as investor presentations posted on the company’s website and referenced in SEC filings.
Chimera also frequently reports on its dividend declarations for both common and preferred stock. Recent news includes board-approved quarterly cash dividends on common shares and multiple series of cumulative redeemable preferred stock, with corresponding Form 8-K filings describing the amounts, record dates, and payment dates.
Another key category of CIM news involves capital raising and balance sheet activity, such as the pricing and closing of public offerings of senior notes. These announcements outline coupon rates, maturities, listing symbols for the notes, and intended uses of proceeds, including financing the acquisition of residential mortgage loans, RMBS, CMBS, MSRs, and other targeted assets.
Corporate transaction updates, including the acquisition of HomeXpress Mortgage Corp. and related inducement equity awards under NYSE Rule 303A.08, are also prominent in Chimera’s news. For investors tracking mortgage REITs, CIM news provides ongoing insight into the company’s portfolio strategy, funding actions, and expansion of its mortgage lending and investment management platforms.
Bookmark this page to review a consolidated stream of Chimera Investment Corporation press releases, earnings updates, dividend announcements, capital markets transactions, and other material events as disclosed in company communications and SEC reports.
Chimera Investment Corporation (NYSE:CIM) reported a GAAP net loss of $281 million ($1.19 per diluted share) for Q1 2022, contrasting with a profit of $139 million in Q1 2021. However, earnings available for distribution stood at $94 million ($0.39 per diluted share), including $0.07 from called agency CMBS securities. The company executed a strategy to acquire $807 million in residential re-performing loans and initiated a $328 million securitization. Despite the losses, these actions are anticipated to enhance earnings moving forward.
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 $0.33 per common share, payable on April 28, 2022. Additionally, dividends for preferred shares include $0.50 for Series A, B, and D, and $0.484375 for Series C, all payable on March 31, 2022. Record dates for preferred stock dividends are March 25, 2022, with the ex-dividend date set for March 24, 2022.
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 December 31, 2021 on February 17, 2022, before 7:00 a.m. ET. A conference call will follow at 8:30 a.m. ET to discuss these results. Participants can join by calling (866) 342-8591 for U.S. callers or (203) 518-9713 for international callers, using Conference ID CIMQ421. A replay will be available for one week post-call.
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 $0.33 per share, payable on January 27, 2022, to shareholders recorded on December 30, 2021. Preferred stock dividends include $0.50 for Series A, B, and D, and $0.484375 for Series C, all payable on December 30, 2021. Key ex-dividend dates are December 29, 2021 for common shares and December 16, 2021 for preferred shares.
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.