Chimera (NYSE: CIM) raises Q1 dividend and details preferred payouts
Rhea-AI Filing Summary
Chimera Investment Corporation announced higher cash distributions for the first quarter of 2026. The Board raised the common stock dividend to $0.45 per share, up from $0.37 in the fourth quarter of 2025, payable on April 30, 2026 to holders of record on March 31, 2026.
The company also declared first quarter 2026 dividends on its preferred shares: $0.50 per Series A, $0.6078 per Series B, $0.5423 per Series C, and $0.5820 per Series D, all payable on March 30, 2026 to shareholders of record on March 2, 2026.
Positive
- Common dividend increase: The quarterly common stock dividend rises from $0.37 to $0.45 per share for Q1 2026, indicating a higher cash return to shareholders compared with the prior quarter.
Negative
- None.
Insights
Chimera lifts its common dividend and affirms preferred payouts for Q1 2026.
Chimera Investment Corporation increased its quarterly common dividend to
The Board also declared regular dividends on all four preferred series, including floating-rate issues where Q1 payouts reflect rates of
These distributions are scheduled for payment on
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Item 7.01 Regulation FD Disclosure.
On February 11, 2026, the registrant issued a press release announcing the declaration of its first quarter cash dividend of $0.45 per share of common stock.
The registrant also announced in the press release the declaration of its first quarter cash dividends of $0.50 per share of 8.00% Series A Cumulative Redeemable Preferred Stock, $0.6078 per share of 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, $0.5423 per share of 7.75% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, and $0.5820 per share of 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock.
A copy of the press release is furnished as Exhibit 99.1 to this report.
The press release is being furnished pursuant to Item 7.01, and the information contained therein shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
Exhibits
| 99.1 | Press Release, dated February 11, 2026, issued by Chimera Investment Corporation announcing the declaration of its first quarter common stock dividend and first quarter preferred stock dividends. |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL). |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CHIMERA INVESTMENT CORPORATION (REGISTRANT) | ||
| Date: February 11, 2026 | ||
| By: | /s/ Subramaniam Viswanathan | |
| Name: | Subramaniam Viswanathan | |
| Title: | Chief Financial Officer | |
Exhibit 99.1
PRESS RELEASE
NYSE: CIM
CHIMERA INVESTMENT CORPORATION
630 Fifth Avenue, Suite 2400
New York, New York 10111
FOR IMMEDIATE RELEASE
CHIMERA INCREASES FIRST QUARTER 2026 COMMON STOCK DIVIDEND TO $0.45 AND DECLARES FIRST QUARTER 2026 PREFERRED STOCK DIVIDENDS
| • | BOARD DECLARES FIRST QUARTER 2026 DIVIDEND OF $0.45 PER SHARE OF COMMON STOCK |
| • | BOARD EXPECTS CHIMERA TO MAINTAIN A QUARTERLY DIVIDEND OF $0.45 PER COMMON SHARE FOR THE REMAINING THREE QUARTERS OF 2026 |
| • | BOARD DECLARES FIRST QUARTER 2026 DIVIDEND OF $0.50 PER SHARE OF 8.00% SERIES A CUMULATIVE REDEEMABLE PREFERRED STOCK |
| • | BOARD DECLARES FIRST QUARTER 2026 DIVIDEND OF $0.6078 PER SHARE OF 8.00% SERIES B FIXED-TO-FLOATING RATE CUMULATIVE REDEEMABLE PREFERRED STOCK |
| • | BOARD DECLARES FIRST QUARTER 2026 DIVIDEND OF $0.5423 PER SHARE OF 7.75% SERIES C FIXED-TO-FLOATING RATE CUMULATIVE REDEEMABLE PREFERRED STOCK |
| • | BOARD DECLARES FIRST QUARTER 2026 DIVIDEND OF $0.5820 PER SHARE OF 8.00% SERIES D FIXED-TO-FLOATING RATE CUMULATIVE REDEEMABLE PREFERRED STOCK |
NEW YORK–(BUSINESS WIRE) – The Board of Directors of Chimera Investment Corporation (“Chimera”) announced the declaration of its first quarter cash dividend of $0.45 per common share, an increase from its fourth quarter 2025 cash dividend of $0.37. The dividend is payable on April 30, 2026 to common stockholders of record on March 31, 2026. The ex-dividend date is March 31, 2026.
The Board of Directors of Chimera also announced the declaration of its first quarter cash dividend of $0.50 per share of 8.00% Series A Cumulative Redeemable Preferred Stock. The dividend is payable March 30, 2026 to preferred shareholders of record on March 2, 2026. The ex-dividend date is March 2, 2026.
The Board of Directors of Chimera also announced the declaration of its first quarter cash dividend of $0.6078 per share of 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, which reflects a rate of 9.72455%, equal to three-month CME Term SOFR (plus a spread adjustment of 0.26161%) on the dividend determination date plus a spread of 5.791%. The dividend is payable March 30, 2026 to preferred shareholders of record on March 2, 2026. The ex-dividend date is March 2, 2026.
The Board of Directors of Chimera also announced the declaration of its first quarter cash dividend of $0.5423 per share of 7.75% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, which reflects a rate of 8.67655%, equal to three-month CME Term SOFR (plus a spread adjustment of 0.26161%) on the dividend determination date plus a spread of 4.743%. The dividend is payable March 30, 2026 to preferred shareholders of record on March 2, 2026. The ex-dividend date is March 2, 2026.
The Board of Directors of Chimera also announced the declaration of its first quarter cash dividend of $0.5820 per share of 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, which reflects a rate of 9.31255%, equal to three-month CME Term SOFR (plus a spread adjustment of 0.26161%) on the dividend determination date plus a spread of 5.379%. The dividend is payable March 30, 2026 to preferred shareholders of record on March 2, 2026. The ex-dividend date is March 2, 2026.
About Chimera Investment Corporation
Chimera is a diversified real estate company that invests in, originates, and manages primarily residential real estate assets. The assets we may invest in and manage, through our wholly-owned subsidiary Palisades Advisory Services, LLC for others include residential mortgage loans, Non-Agency RMBS, Agency RMBS, BPLs (including RTLs) and investor loans, MSRs and other real estate-related assets such as Agency CMBS, junior liens and HELOCs, equity appreciation rights, and reverse mortgages. Also, through our wholly-owned subsidiary, HomeXpress Mortgage Corp., we originate non-QM residential mortgage loans (both consumer and business purpose) as well as QM residential mortgage loans. Chimera was incorporated in Maryland on June 1, 2007 and started trading on the NYSE in November 2007, and is structured as an internally managed real estate investment trust, or REIT, for U.S. federal income tax purposes.
Forward-Looking Statements
In this press release references to “we,” “us,” “our,” “Chimera,” or “the Company” refer to Chimera Investment Corporation and its subsidiaries unless specifically stated otherwise or the context otherwise indicates. This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995, including as related to the expected impact. Actual results may differ from expectations, estimates and projections and, consequently, readers should not rely on these forward-looking statements as predictions of future events. Words such as “goal,” “expect,” “target,” “assume,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “would,” “will,” “could,” “should,” “believe,” “predict,” “potential,” “continue,” or similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results, including, among other things, those described in our most recent Annual Report on Form 10-K, and any subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, under the caption “Risk Factors.” Factors that could cause actual results to differ include, but are not limited to: our ability to obtain funding on favorable terms and access the capital markets; our ability to achieve optimal levels of leverage and effectively manage our liquidity;
changes in inflation, the yield curve, interest rates and mortgage prepayment rates; our ability to manage credit risk related to our investments and comply with the Dodd-Frank Act and related laws and regulations relating to credit risk retention for securitizations; rates of default, delinquencies, forbearance, deferred payments or decreased recovery rates on our investments; the concentration of properties securing our securities and residential loans in a small number of geographic areas; our ability to execute on our business and investment strategy; our ability to determine accurately the fair market value of our assets; changes in our industry, the general economy or geopolitical conditions; our ability to successfully integrate and realize the anticipated benefits of any acquisitions, including the acquisition of HomeXpress; our ability to originate or acquire quality and profitable loans at an appropriate and consistent cost; our ability to sell the loans that we originate or acquire; our ability to refinance or obtain additional liquidity for borrowing; our ability to manage, maintain and expand our relationships with our clients, the independent mortgage brokers and bankers; our ability to operate our investment management and advisory services and manage any regulatory rules and conflicts of interest; the degree to which our hedging strategies may or may not be effective; our ability to effect our strategy to securitize residential mortgage loans; our ability to compete with competitors and source target assets at attractive prices; the ability of servicers and other third parties to perform their services at a high level and comply with applicable law and expanding regulations; our dependence on information technology and its susceptibility to cyber-attacks; the development, proliferation and use of artificial intelligence; our ability to find and retain qualified executive officers and key personnel; our ability to comply with extensive government regulation, including, but not limited to, federal and state consumer lending regulations; the impact of and changes in governmental regulations, tax law and rates, accounting guidance, refinancing and borrowing guidelines and similar matters; our ability to maintain our exemption from registration under the Investment Company Act of 1940, as amended; our ability to maintain our classification as a real estate investment trust for U.S. federal income tax purposes; the volatility of the market price and trading volume of our shares; and our ability to make distributions to our stockholders in the future.
Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Chimera does not undertake or accept any obligation to release publicly any updates or revisions to any forward-looking statement to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based. Additional information concerning these and other risk factors is contained in Chimera’s most recent filings with the Securities and Exchange Commission (SEC). All subsequent written and oral forward-looking statements concerning Chimera or matters attributable to Chimera or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above.
Readers are advised that any financial information in this press release is based on Company data available at the time of this press release and, in certain circumstances, may not have been audited by Chimera’s independent auditors.
Investor Relations
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FAQ
What dividend did Chimera Investment Corporation (CIM) declare for Q1 2026 common stock?
How much did Chimera (CIM) increase its common dividend versus Q4 2025?
What preferred stock dividends did Chimera (CIM) declare for Q1 2026?
What are the record and payment dates for Chimera (CIM) Q1 2026 preferred dividends?
How are Chimera (CIM) Series B, C, and D preferred dividends determined?
When is the ex-dividend date for Chimera (CIM) Q1 2026 common dividend?
Filing Exhibits & Attachments
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