Chimera Investment Stock To Go Ex-dividend Tomorrow (CIM) - TheStreet

NEW YORK (

TheStreet

) -- The ex-dividend date for

Chimera Investment Corporation

(NYSE:

CIM

) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $3 as of 9:30 a.m. ET, the dividend yield is 14.9%.

The average volume for Chimera Investment has been 11.7 million shares per day over the past 30 days. Chimera Investment has a market cap of $3.01 billion and is part of the

financial

sector and

real estate

industry. Shares are up 19.1% year to date as of the close of trading on Monday.

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company has a P/E ratio of 5.3, below the average real estate industry P/E ratio of six and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Chimera Investment as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and a generally disappointing performance in the stock itself. You can view the full

Chimera Investment Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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