CIM - Chimera Investment Corporation
LOS ANGELES--(BUSINESS WIRE)--CIM Group's Permanent Power Company closed an approx $600 M construction financing facility for solar and energy storage project in CA (“Grape”).
Karta grew 10x in 2025, with revenue and total payment volume (“TPV”) up another 4x quarter-over-quarter in Q1 2026 alone and a target of $1.2B in annualized TPV by year-end Karta grew 10x in 2025, with revenue and total payment volume (“TPV”) up another 4x quarter-over-quarter in Q1 2026 alone and a target of $1.2B in annualized TPV by year-end
ATLANTA--(BUSINESS WIRE)--CIM Group and Centennial Yards Company announced today that award-winning pizzeria Varuni Napoli will be the latest restaurant to join the Entertainment District at Centennial Yards, the $5 billion, 50-acre mixed-use redevelopment transforming Downtown Atlanta. Founded by Naples native Chef Luca Varuni, the acclaimed Atlanta-based pizzeria is known for its Neapolitan pies crafted with premium ingredients and time-honored techniques. Varuni Napoli debuted its flagship M.
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera Investment Corporation (“Chimera”) has declared its second quarter cash dividend of $0.45 per common share, consistent with the first quarter 2026 dividend and in line with the Board's previously stated expectation to maintain the $0.45 quarterly dividend throughout 2026. The dividend is payable on July 31, 2026 to common shareholders of record on June 30, 2026. The ex-dividend date is June 30, 2026. About Chimera Investment Corporati.
Chimera Investment Corporation offers a diversified mortgage REIT portfolio with $16B in assets and a $1.09B market cap. CIM's capital structure features a recourse leverage ratio of 2.9x and total leverage of 5.2x, with strong baby bond and preferred stock buffers. CIM instruments appeal to yield-seeking investors, balancing high current income with moderate risk, though leverage and rate sensitivity warrant monitoring.
Chimera Investment Corp. (CIM) Preferred A (CIM-A) offers a compelling 9.3% yield and 16% capital gains potential, driven by strong Q1 fundamentals. mREIT preferreds, especially CIM-A, benefit from significant overcollateralization and equity issuance, making them notably safer than their common equity counterparts. CIM-A trades at a substantial discount to par versus pari-passu peers, providing superior total return potential despite similar risk profiles.
More than 1,500 stocks have reported earnings since the current season began in mid-April, and the average stock that has reported has seen an average absolute one-day share price reaction of roughly 7%. The last time we saw earnings vol spike was during the Financial Crisis bear market, when stocks were tanking. This time around, we're seeing earnings vol increase during a strong AI-driven bull market. Tech stocks are seeing record earnings day volatility as investors and traders presumably make snap judgements about AI's future impact on the bottom line.
Chimera Investment NYSE: CIM executives said the company covered its dividend in the first quarter of 2026 while continuing to reposition its portfolio toward more liquid assets and expanding its HomeXpress Mortgage origination platform.
Chimera Investment Corporation (CIM) Q1 2026 Earnings Call Transcript
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) today announced its financial results for the first quarter ended March 31, 2026. Executive Summary: Metric Value Q1 2026 GAAP Net Income (Loss) $(65) million, or $(0.78) per diluted common share Earnings Available for Distribution (1) $46 million, or $0.54 per diluted common share GAAP Book Value per common share $18.34 per common share Economic Return (2) (4.6)% (1) Earnings available for distribution per adjusted dilut.
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera Investment Corporation (“Chimera”) announced the declaration of its second quarter cash dividend of $0.50 per share of 8.00% Series A Cumulative Redeemable Preferred Stock. The dividend is payable June 30, 2026 to preferred shareholders of record on June 1, 2026. The ex-dividend date is June 1, 2026. The Board of Directors of Chimera also announced the declaration of its second quarter cash dividend of $0.6095 per share of 8.00% Serie.
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation Announces First Quarter 2026 Earnings Release and Conference Call Date.
Chimera Investment Corporation offers four cumulative preferred stocks, each with distinct coupon rates, call dates, and floating rate provisions. While it should be Called before CIM-D, due to its superior yield and slightly better add-on, I am moving my Buy rating to CIM-B, rating others as Holds. Dividend and redemption risks appear manageable, supported by CIM's hybrid mortgage REIT structure and sufficient equity coverage for preferred par values.
Fixed-Income Foundation: Build your financial fortress with preferreds like Virtus InfraCap US Preferred Stock ETF and maturity ladders for predictable, recurring cash flow. Agency mREITs like Annaly Capital Management, Inc. are historically countercyclical, often raising dividends when the broader economy falters. Tangible Value: Focus on infrastructure and REITs that own essential assets and generate hard cash.
Vancouver, British Columbia--(Newsfile Corp. - April 8, 2026) - Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) (the "Company" or "MILI") is pleased to announce the completion of a maiden Inferred Mineral Resource estimate (MRE) of 6.5 Mt at 1.02% Sb and 1.06 g/t Au for 67 thousand tonnes (kt) of antimony and 222 thousand ounces (koz) of gold at the Company's wholly owned flagship Trojárová Project (the "Project") in Western Slovakia. Highlights: Inferred Mineral Resource of 6.5 Mt at 1.02% Sb and 1.06 g/t Au for 67 kt of antimony and 222 koz of gold (Table 1) Resource estimate incorporated 53 diamond drill holes totaling 7,167 m of drilling and 55 intervals of underground chip samples totaling 202 m Historical MRE is now replaced by a modern MRE that is prepared in accordance with the 2014 Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") Definition Standards (CIM, 2014) and the CIM Best Practice Guidelines of Mineral Resources and Reserves (2019) Scott Eldridge, Chief Executive Officer of the Company, commented, "The maiden mineral resource estimate of the Trojárová Project firmly underpins the value of Military Metals.
CIM-C (CIM.PR.C) preferred shares offer an 11.05% stripped yield and compelling value after recent underperformance versus peers. Recent volatility in CIM-C is atypical, creating a near-term opportunity for yield-focused investors seeking less price risk than common shares. CIM-C's relative valuation gap and higher yield suggest potential for outperformance as prices revert to the mean.
I see compelling value in floating-rate preferred shares and baby bonds, especially as credit spreads widen and many now trade at discounts to call value. Recent market volatility and higher interest rates have created attractive entry points in select REITs, BDCs, preferred shares, and baby bonds. I've allocated a significant portion of my portfolio to preferred shares and baby bonds in March 2026.
REITs were rolling out of the gates in early-2026, coming back into favor amid a HALO trade (Heavy Assets, Low Obsolescence) after a half-decade of rate headwinds and unfavorable narrative. The oil price surge tied to the Iran conflict has complicated the rotation by sending rates soaring, yet REITs have remained surprisingly resilient in recent weeks, maintaining sizable year-to-date outperformance. REIT-rate correlations have eased in recent quarters, signaling a more favorable "regime change" where performance is driven by property fundamentals rather than macro forces, following a prolonged period of rate-dominated.
The Dogcatcher Top Ten-Year Dividend Dogs list identifies 90 high-yield stocks, with 24 'safer' names meeting the ideal of dividends from $1K invested exceeding share price. Analyst estimates project average net gains of 51.29% by March 2027 for the top ten, with risk/volatility 25% below the market. Five lowest-priced top-yield dogs are expected to deliver 41.55% net gains, outperforming the full top ten's 33.10% by March 2027.
DALLAS--(BUSINESS WIRE)--CIM Group sells Best Buy Plaza, 177,434-square-foot retail shopping center in North Dallas.