CIM-P-B: CHIMERA INVESTMENT CORP 8% Series B Preferred Stock
CHIMERA INVESTMENT CORP's CIM-P-B is an exchange-traded preferred stock in the REIT - Diversified sector.
At a recent price of $23.66, CIM-P-B yields 10.53% on its $25 liquidation preference and 8% coupon.
It trades at a discount of 5.4% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2024-03-30.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.