Chimera Investment Corporation (CIM) has been named as a Top 10 dividend-paying financial stock, according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that among shares of financial companies, CIM displayed both attractive valuation metrics and strong profitability metrics. For example, the recent CIM share price of $3.04 represents a price-to-book ratio of 0.9 and an annual dividend yield of 11.85% — by comparison, the average stock in Dividend Channel's coverage universe yields 3.7% and trades at a price-to-book ratio of 2.1. The report also cited the strong quarterly dividend history at Chimera Investment Corporation, and favorable long-term multi-year growth rates in key fundamental data points.
This Stock Has A 11.85% Yield And Sells For Less Than Book
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts