Chimera Investment

CIM

Market cap $1.06B

Six new preferred stock and baby bond offerings were tracked, with yields ranging from 6.375% to 8.875%. Top-quality preferreds (Compliance Score 10) are trading at a 2.8% discount to par, offering a current yield of 6.7%. Investors can often buy new preferred IPOs at wholesale prices on the OTC, minimizing capital loss risk if prices drop.

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (“Chimera”) announced today that the Compensation Committee of its Board of Directors approved grants of restricted stock units (“RSUs”), effective October 1, 2025, representing an aggregate of up to 533,391 shares of Chimera common stock under the Chimera Investment Corporation 2025 Inducement Award Plan (the “Award Plan”) to up to 300 individuals offered employment with Chimera in connection with Chimera's acquisition of HomeXpress Mor.

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (“Chimera”) announced today that it has completed the previously announced acquisition of HomeXpress Mortgage Corp. (“HomeXpress”) from certain affiliates of Seer Capital Management's credit fund business (“Seer”) and certain management sellers (together with Seer, the “Sellers”). HomeXpress is a leading originator of consumer non-QM, investor business purpose, and other non-Agency mortgage loan products, as well as an origin.

Chimera Investment Corporation (CIM) has issued new 8.875% Senior Notes due 8/15/2030 (CIMP), offering quarterly distributions and $25 par value. CIM has a history of dividend cuts and sector underperformance, raising concerns about the risk profile of CIMP despite its attractive nominal yield. CIMP is fairly priced relative to CIM's other baby bonds but offers a below-average yield compared to sector peers and comes from an underperforming issuer.

We take a look at the action in preferreds and baby bonds through the second week of September and highlight some of the key themes we are watching. Preferreds outperformed other fixed-income sectors this week, with credit spreads at their tightest since February and yields moving lower. Chimera (CIM) issued an 8.875% 2030 baby bond and is increasing its Agency portfolio and MSR allocation after acquiring HomeXpress.

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera Investment Corporation announced the declaration of its third quarter cash dividend of $0.37 per common share. The dividend is payable on October 31, 2025 to common stockholders of record on September 30, 2025. The ex-dividend date is September 30, 2025. About Chimera Investment Corporation Chimera is a publicly traded real estate investment trust, or REIT, whose principal business objective is to provide attractive risk-adjusted retu.

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (the “Company”) announced today that it has closed its previously announced underwritten public offering of $120 million aggregate principal amount (including $5 million issued pursuant to the over-allotment option) of its 8.875% senior notes due 2030 (the “Notes”). The Company has been authorized to list the Notes on the New York Stock Exchange under the symbol “CIMP” and expects trading in the Notes on the New York Stock Ex.

U.S. equity markets climbed to fresh record highs this past week after relatively benign inflation data and weak employment data cleared the path for the Fed to resume rate cuts. While CPI and PPI readings continued to show a modest reacceleration in price pressures from their post-pandemic lows earlier this year, both remained "cool enough" to permit a policy pivot. The Fed is widely expected to cut reference rates by 25 basis points to a 4.25% upper bound, which follows a nine-month "pause" since the last reduction last December.

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (the “Company”) announced today the pricing of an underwritten public offering of $115 million aggregate principal amount of its 8.875% senior notes due 2030 (the “Notes”). The Company has granted the underwriters a 30-day option to purchase up to an additional $17.25 million aggregate principal amount of the Notes to cover over-allotments. The offering is expected to close on September 16, 2025, subject to the satisfaction o.

I highlight 35 top-yield Dividend Power stocks, focusing on high earnings yield and dividend yield for value and resilience in volatile markets. Nine stocks stand out as 'safer' picks, with free cash flow yields exceeding dividend yields, making them attractive for income-focused investors. Analyst projections suggest potential net gains of 24% to 67% by August 2026 for the top ten picks, though risk and volatility remain.