Chimera Investment Raises Dividend for Second Straight Quarter
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Chimera Investment Corporation (CIM) has announced a cash dividend increase to {{.Question}}.37 per share for the third quarter, marking its second consecutive quarter of growth. The dividend is payable on October 31, 2024, to stockholders on record as of September 30, 2024. The CEO expressed optimism about enhancing shareholder value in a favorable interest rate environment. Chimera, a REIT, focuses on mortgage assets to generate returns for investors.
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