CIM-P-C: CHIMERA INVESTMENT CORP 7.75% Series C Preferred Stock
CHIMERA INVESTMENT CORP's CIM-P-C is an exchange-traded preferred stock in the REIT - Diversified sector.
At a recent price of $22.15, CIM-P-C yields 9.71% on its $25 liquidation preference and 7.75% coupon.
It trades at a discount of 11.4% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2025-09-30.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.