Chimera Investment Stock To Go Ex-dividend Tuesday (CIM)

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.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Cohen Pleads Guilty, Manafort Found Guilty -- Any Market Impact?

Cohen Pleads Guilty, Manafort Found Guilty -- Any Market Impact?

Azealia Banks Confirms Elon Musk Smokes Weed

Azealia Banks Confirms Elon Musk Smokes Weed

Kohl's CEO: Getting Great Feedback From Amazon Partnership

Kohl's CEO: Getting Great Feedback From Amazon Partnership

Coal Stocks Set to Climb as Trump Extends Olive Branch to Miners

Coal Stocks Set to Climb as Trump Extends Olive Branch to Miners

Stocks Trim Gains At Close After S&P 500 Sets Intraday High

Stocks Trim Gains At Close After S&P 500 Sets Intraday High