◆ Preferred Stock Research

ⓘ Guide

CIM-P-C NOW TRADING POST CALL DATE

CHIMERA INVESTMENT CORP · Series C · REIT - Diversified
Also quoted as: CIM-C, CIMprC, CIM.PRC, CIM-PC, CIMpC
$22.44
last price

About this security

CIM-P-C is a 7.75% cumulative perpetual preferred stock issued by CHIMERA INVESTMENT CORP, a REIT - Diversified issuer. $25 liquidation preference, current yield 9.67%, callable from 2025-09-30.

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 424B5 — verify via link below ✓ verified against SEC filing

Current Yield
9.67%
Annual Dividend
$1.9375
Recent Market Price
$22.44
as of 2026-06-15
Disc/Prem to Par (→ screen)
Recent Ex-Date
2026-06-01
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
7.750%
Call Date
2025-09-30 ⚑ callable now
Yield to Call
n/a — callable now
Yield to Worst
9.67%
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No
Floating Rate
3-mo LIBOR + 4.743%
Pay Dates
March 30, June 30, September 30, December 30
Shares Offered (original)
10,000,000 +1,500,000 OA
Issued
2018-09-17
Series
C
Alt. Symbology
CIM-C, CIMprC, CIM.PRC, CIM-PC, CIMpC

vs. REIT - Diversified category (121 issues): yield 9.67% vs avg 8.19% · discount -10.2% vs avg -14.4%

Quote

 CIM-P-C (preferred)CIM (common)
Last $22.44 $13.36
Change
Open$22.21$13.40
High / Low $22.63 / $22.21 $13.45 / $13.27
Prev Close
Volume20,816615,812
52-Week High / Low $23.81 / $19.66 $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-C CIM (common)

Dividend History

Ex-DateAmount / Share
2026-06-01$0.556100
2026-03-02$0.542300
2025-12-01$0.568100
2025-09-02$0.484375
2025-06-02$0.484375
2025-03-03$0.484375
2024-12-02$0.484375
2024-09-03$0.484375
2024-06-03$0.484375
2024-02-29$0.484375
2023-12-14$0.484375
2023-08-31$0.484375

Performance — $10K Calculator

See what an investment in CIM-P-C 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-C →

Prospectus (SEC 424B5)

We are offering 10,000,000 shares of our 7.75% Series C 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 C Preferred Stock.

Use of proceeds: Net proceeds (approximately $241.9 million) will be used to acquire residential mortgage loans, Agency MBS 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-B preferred 8.000% 23.70 10.91%
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.

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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.
Key terms
YieldAnnual income as a % of the price. Higher means more income — but check why a yield is unusually high.
ParThe face value, almost always $25 — the price the company can redeem the share at.
Discount / PremiumWhether the share trades below par (a discount) or above it (a premium).
Call dateThe first date the company is allowed to buy the share back from you at par.
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