Chimera Investment Corporation 8% Series A Cumulative Redeemable Preferred Stock

By: ,

Date Sold      10/7/2016

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Shares Issued    5,400,000   Overallotment Shares   810,000

S&P Rating   NR   Moodys Rating   NR

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Security Ticker Symbol     CIM-A      OTC Grey Market     CMIAP

Market Traded ON   NYSE

Dividend Payment Paid on the 30th of March, June, September and December beginning on 12/30/2016

Quarterly Dividend   .50   Annual Dividend   2.00

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Securities may be redeemed, at the issuers option, as early as 10/30/2021 for a redemption price of $25/share plus accrued dividends

Dividend Payment Will NOT be a Qualified Distributions (REIT Preferred Share dividends are not Qualifying Dividends)

Maturity Date   None

 

Company Investor Relations Page for Chimera Investment Corporation

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Click Here to find the offering Prospectus and/or Final Pricing Document

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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