NEW YORK ( TheStreet) -- The ex-dividend date for Chimera Investment Corporation (NYSE: CIM) is Tuesday, December 27, 2011. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $2.75 as of 9:35 a.m. ET, the dividend yield is 16.2%.

The average volume for Chimera Investment has been 12.3 million shares per day over the past 30 days. Chimera Investment has a market cap of $2.79 billion and is part of the financial sector and real estate industry. Shares are down 33.3% year to date as of the close of trading on Thursday.

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company has a P/E ratio of 4.9, below the average real estate industry P/E ratio of 5.6 and below the S&P 500 P/E ratio of 17.7.

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.

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