Chimera Investment Corp

NYSE:CIMUnited States

Nov 6, 2024

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• Chimera Appoints New Independent Board Member Cynthia B. Walsh, from 4:15PM ET on Wednesday Nov 06, 2024 by Dow Jones

  4:15PM ET on Wednesday Nov 06, 2024 by Dow Jones
  Companies Mentioned: CIM
  
  Chimera Appoints New Independent Board Member Cynthia B. Walsh
  NEW YORK--(BUSINESS WIRE)--November 06, 2024--
  Chimera Investment Corporation (NYSE:CIM) (the "Company" or "Chimera") announced today that Cynthia B. Walsh has been elected to the Company's Board of Directors as a Class III Director, effective December 1, 2024.
  

• Chimera Investment's Q3 Adjusted Earnings Fall, from 7:06AM ET on Wednesday Nov 06, 2024 by MT Newswires

  7:06AM ET on Wednesday Nov 06, 2024 by MT Newswires
  Companies Mentioned: CIM
  07:06 AM EST, 11/06/2024 (MT Newswires) -- Chimera Investment (CIM) reported Q3 adjusted earnings Wednesday of $0.36 per diluted share, down from $0.38 a year earlier. Analysts polled by Capital IQ expected $0.38. Net interest income for the quarte...

• Chimera Declares Fourth Quarter 2024 Preferred Stock Dividends, from 6:45AM ET on Wednesday Nov 06, 2024 by Dow Jones

  6:45AM ET on Wednesday Nov 06, 2024 by Dow Jones
  Companies Mentioned: CIM
  
  Chimera Declares Fourth Quarter 2024 Preferred Stock Dividends
  -- BOARD DECLARES FOURTH QUARTER 2024 DIVIDEND OF $0.50 PER SHARE OF 8% SERIES A CUMULATIVE REDEEMABLE PREFERRED STOCK -- BOARD DECLARES FOURTH QUARTER 2024 DIVIDEND OF $0.6654 PER SHARE OF 8.00% SERIES B FIXED-TO-FLOATING RATE CUMULATIVE REDEEMABLE PREFERRED STOCK -- BOARD DECLARES FOURTH QUARTER 2024 DIVIDEND OF $0.484375 PER SHARE OF 7.75% SERIES C FIXED-TO-FLOATING RATE CUMULATIVE REDEEMABLE PREFERRED STOCK -- BOARD DECLARES FOURTH QUARTER 2024 DIVIDEND OF $0.6467 PER SHARE OF 8.00% SERIES D FIXED-TO-FLOATING RATE CUMULATIVE REDEEMABLE PREFERRED STOCK NEW YORK--(BUSINESS WIRE)--November 06, 2024--
  

• *DJ Chimera Investment 3Q EPS $1.39 >CIM, from 6:45AM ET on Wednesday Nov 06, 2024 by Dow Jones

  6:45AM ET on Wednesday Nov 06, 2024 by Dow Jones
  Companies Mentioned: CIM
  
  In this press release references to "we," "us," "our" 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. 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," "will," "could," "should," "believe," "predicts," "potential," "continue," and 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: delays and/or unforeseen events that could cause the proposed acquisition of the Palisades Group to be delayed or not consummated; the potential that Chimera may not fully realize the expected benefits of the acquisition of the Palisades Group, including the potential financial impact; our business and investment strategy; our ability to accurately forecast the payment of future dividends on our common and preferred stock, and the amount of such dividends; our ability to determine accurately the fair market value of our assets; availability of investment opportunities in real estate-related and other securities, including our valuation of potential opportunities that may arise as a result of current and future market dislocations; our expected investments; changes in the value of our investments, including negative changes resulting in margin calls related to the financing of our assets; changes in inflation, interest rates and mortgage prepayment rates; prepayments of the mortgage and other loans underlying our mortgage-backed securities, or MBS, or other asset-backed securities, or ABS; rates of default, forbearance, deferred payments delinquencies or decreased recovery rates on our investments; general volatility of the securities markets in which we invest; our ability to maintain existing financing arrangements and our ability to obtain future financing arrangements; our ability to effect our strategy to securitize residential mortgage loans; interest rate mismatches between our investments and our borrowings used to finance such purchases; effects of interest rate caps on our adjustable-rate investments; the degree to which our hedging strategies may or may not protect us from interest rate volatility; the impact of and changes to various government programs; the impact of and changes in governmental regulations, tax law and rates, accounting guidance, and similar matters; market trends in our industry, interest rates, the debt securities markets or the general economy; estimates relating to our ability to make distributions to our stockholders in the future; our understanding of our competition; our ability to find and retain qualified personnel; our ability to maintain our classification as a, REIT for U.S. federal income tax purposes; our ability to maintain our exemption from registration under the Investment Company Act of 1940, as amended; our expectations regarding materiality or significance; and the effectiveness of our disclosure controls and procedures.