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CIM-P-B NOW TRADING POST CALL DATE

CHIMERA INVESTMENT CORP · Series B · REIT - Diversified
Also quoted as: CIM-B, CIMprB, CIM.PRB, CIM-PB, CIMpB
$23.70
last price

About this security

CIM-P-B is a 8% cumulative perpetual preferred stock issued by CHIMERA INVESTMENT CORP, a REIT - Diversified issuer. $25 liquidation preference, current yield 10.91%, callable from 2024-03-30.

CHIMERA INVESTMENT CORP: Chimera Investment Corporation (NYSE: CIM) is an internally managed REIT incorporated in Maryland in 2007 that invests in, originates, and manages primarily residential real estate assets. Its portfolio spans residential mortgage loans, Non-Agency and Agency RMBS, business purpose loans, mortgage servicing rights (MSRs), Agency CMBS, HELOCs, and reverse mortgages. Through its subsidiary Palisades Advisory Services, the company also manages real estate assets on behalf of third parties. Following its October 2025 acquisition of HomeXpress Mortgage Corp. for approximately $272 million, Chimera expanded into direct origination of Non-QM, QM, and investor business purpose residential mortgage loans. ↗

Issuer page — all CHIMERA INVESTMENT CORP securities & profile →

Key Stats ✓ terms from SEC filing — verify via link below ✓ verified against SEC filing

live page · rendered 22:39:28 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current Yield
10.91%
Annual Dividend
$2.5856
Recent Market Price
$23.70
as of 2026-06-15
Disc/Prem to Par (→ screen)
-5.20% (−$1.30)
Recent Ex-Date
2026-06-01
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
8.000%
Call Date
2024-03-30 ⚑ callable now
Yield to Call
n/a — callable now
Yield to Worst
10.91%
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No — Limited change-of-control conversion
Floating Rate
three-month LIBOR plus a spread of % per annum (spread blank in preliminary prospectus)
Pay Dates
March 30, June 30, September 30, December 30
Shares Offered (original)
12,000,000
Issued
2017-02-27
Series
B
Alt. Symbology
CIM-B, CIMprB, CIM.PRB, CIM-PB, CIMpB

vs. REIT - Diversified category (121 issues): yield 10.91% vs avg 8.15% · discount -5.2% vs avg -13.9%

Quote

 CIM-P-B (preferred)CIM (common)
Last $23.70 $13.36
Change — —
Open$23.80$13.40
High / Low $24.08 / $23.66 $13.45 / $13.27
Prev Close——
Volume31,117615,812
52-Week High / Low $25.10 / $21.71 $14.88 / $11.67

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

● CIM-P-B ● CIM (common)

Dividend History

Ex-DateAmount / Share
2026-06-01$0.609500
2026-03-02$0.607800
2025-12-01$0.627400
2025-09-02$0.646400
2025-06-02$0.646900
2025-03-03$0.648800
2024-12-02$0.665400
2024-09-03$0.711100
2024-06-03$0.709400
2024-02-29$0.500000
2023-12-14$0.500000
2023-08-31$0.500000

Performance — $10K Calculator

See what an investment in CIM-P-B would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

🔔 Get dividend & filing alerts for CIM-P-B →

Prospectus (SEC 424B5)

We are offering shares of our % Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, par value $0.01 per share, with a liquidation preference of $25.00 per share, or the Series B Preferred Stock.

Use of proceeds: Net proceeds will be used to acquire residential mortgage loans and other targeted assets and for general corporate purposes, including paying down liabilities and other working capital items.

Full Prospectus (SEC filing) →

Other Securities from CHIMERA INVESTMENT CORP

SymbolTypeCouponPriceYield
CIM-P-A preferred 8.000% 21.15 9.46%
CIM-P-C preferred 7.750% 22.44 9.67%
CIM-P-D preferred 8.000% 23.82 10.47%
CIMN baby bond 9.000% 25.18 8.94%

News — CHIMERA INVESTMENT CORP

Issuer news via Tiingo, tagged to CIM.

Related Articles

About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at
A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.
Income & dividends
Current YieldAnnual income ÷ today's price — what you'd actually earn buying now. The headline income number.
Annual Dividend / InterestTotal cash paid per share each year. A preferred pays a "dividend"; a baby bond pays "interest."
Original CouponThe annual rate set when it was issued, as a % of par (6% of $25 = $1.50/yr). Fixed stays put; floating/reset rates change later.
Pay FrequencyHow often it pays — usually quarterly, sometimes monthly or twice a year.
Recent Ex-DateOwn it before this date to receive the next payment; buy on or after and you miss that one.
Price & value
Recent Market PriceThe latest market quote, delayed at least 20 minutes.
Liquidation Preference (Par)Face value — almost always $25 (some are $50, $100, or $1,000). What you're owed if the company winds down, and the price it can be redeemed at.
Disc / Prem to ParHow far the price sits below par (a discount) or above it (a premium). A discount can add return if it's redeemed at par; a premium is what you'd lose if it is.
Call & redemption
Call DateThe first date the issuer may redeem (buy back) the share at par. Before it you're protected; after it, it can be called at any time.
RedeemableWhether the issuer has the right to buy it back at all.
Yield to CallYour annual return if bought today and redeemed at par on the call date. If it's below the current yield, a call would cost you.
Yield to WorstThe lowest of the possible outcomes (to call, to maturity, or simply held) — the cautious yield to judge by.
Dividend terms & structure
CumulativeIf a payment is skipped, a cumulative issue still owes it (and must catch up before any common dividend); a non-cumulative one does not.
Interest DeferrableOn some baby bonds the issuer may postpone interest for a period — common on junior subordinated notes.
Floating / Reset RateThe rate isn't fixed forever — after a set date it resets to a benchmark (e.g. 3-month SOFR or the 5-year Treasury) plus a spread.
MaturityFor a baby bond, the date the principal is repaid. Most preferreds are perpetual — no maturity.
ConvertibleWhether it can turn into the company's common stock. "Change-of-control conversion" means that right applies only if the company is taken over.
Conversion Price / RatioFor convertibles, the price or number of common shares each unit converts into.
SeriesThe class label from the SEC filing (e.g. Series A). Note: it can differ from the ticker letter.
IssuedThe date the security first settled — when it came to market.
Shares OfferedHow many shares (or depositary shares) were sold in the original offering.
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