CIM news

Chimera Investment Corporation's Board approved four quarterly preferred stock dividends for Series A-D. The dividends, payable on December 30, 2026, to shareholders of record on November 17, 2026, reflect floating rates based on a three-month term SOFR plus a spread.

Chimera Investment reported a GAAP net loss of $194 million for Q3 2026 due to interest rate and spread volatility. The REIT launched its inaugural $291 million securitization as it repositions its portfolio toward higher-yielding securities.

Chimera declared its third-quarter cash dividends for four series of preferred stock, payable on September 30, 2026. The announcement highlights the company's continued distribution strategy to shareholders.

Chimera Investment Corporation (CIM) reported GAAP net income loss of $(4) million for Q2 2026, but maintained support for its $0.45 dividend as earnings available for distribution reached $0.46 per share.

The trust filed an amendment to its charter, increasing authorized shares to 3.1 billion. This provides flexibility for future capital raising or distribution programs without requiring stockholder approval.

CIM Opportunity Zone Fund entered into a financing agreement with lenders including Wells Fargo and Truist for the Westlands Grape project, involving construction and bridge loans.

Permanent Power Company closed approximately $600 million in construction financing for the Grape solar and energy storage project in California, with full capacity contracted to an investment-grade offtaker. The facility includes a $372.3 million construction-to-term loan and demonstrates strong ca…