This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

8 High-Dividend Stocks With Upside

1. Chimera Investment (CIM - Get Report) is a specialty finance company engaged in investing either directly or through its subsidiaries in residential mortgage-backed securities (RMBS), residential mortgage loans, commercial mortgage loans, real estate-related securities and various other asset classes.

For the second quarter 2011, the company declared and paid its common stock cash dividend of 13 cents. Currently, the company has a dividend yield of 22%.

Earnings for the second quarter of 2011 were $145.6 million, or 14 cents per average share, compared to $142.8 million, or 19 cents per average share, in the year-ago quarter. GAAP net income stood at $117.8 million, or 11 cents per average share. Net interest income for the quarter increased to $186.9 million from $155.4 million in second quarter 2010.

During the quarter, the company sold residential mortgage-backed securities with a carrying value of $16.4 million for realized losses of $380,000 as compared to no sales in the prior-year quarter. At the end of June 30, 2011, interest earning assets stood at $10.01 million, vs. $6.59 million as of June 30, 2010.

Of the 12 analysts covering the stock, 42% recommend a buy and the rest rate a hold. There are no sell ratings on the stock. Analysts polled by Bloomberg foresee the stock gaining an average 17.8% to $3.66 in the upcoming 12 months.

9 of 9

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
CIM $3.14 0.16%
CTL $34.64 1.70%
HCP $44.16 0.80%
KMP $102.03 1.98%
LINE $11.07 -2.00%


DOW 17,896.80 -79.51 -0.44%
S&P 500 2,082.97 -3.27 -0.16%
NASDAQ 4,939.2780 -8.1630 -0.16%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs