--- title: "Chimera Investment Raises Dividend for Second Straight Quarter" description: "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 payab" type: "news" locale: "en" url: "https://longbridge.com/en/news/214731825.md" published_at: "2024-09-19T21:50:16.000Z" --- # Chimera Investment Raises Dividend for Second Straight Quarter > 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. An announcement from Chimera Investment ( (CIM) ) is now available. Chimera Investment Corporation has announced an increase in their third-quarter cash dividend to $0.37 per share of common stock, marking the second consecutive quarter of dividend growth. The dividend will be payable on October 31, 2024, to stockholders on record as of September 30, 2024. The company’s CEO expressed optimism about continuing to enhance shareholder value amidst a more favorable interest rate environment. Chimera, a REIT, invests in a variety of mortgage assets and aims to leverage its portfolio to generate returns for investors. For detailed information about CIM stock, go to TipRanks’ Stock Analysis page. ### Related Stocks - [CIM.US - Chimera Investment](https://longbridge.com/en/quote/CIM.US.md) - [CIMO.US - Chimera Investment Corporation](https://longbridge.com/en/quote/CIMO.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Chimera Investment’s Non-QM Strategy Faces Rising Regulatory, Compliance and Litigation Risks | Chimera Investment (CIM) has revealed significant regulatory and compliance risks associated with its Non-QM loan strate | [Link](https://longbridge.com/en/news/276416851.md) | | CIMB Group Receives BNM Approval to Join Digital Asset Innovation Hub | CIMB Group Holdings Bhd has received approval from Bank Negara Malaysia to join the Digital Asset Innovation Hub. This a | [Link](https://longbridge.com/en/news/275566471.md) | | Chimera Investment Corp. reports FY 2025 net income of USD 1.72 per share | Chimera Investment Corporation reported FY 2025 net income of USD 1.72 per share, with a dividend of USD 1.48. The compa | [Link](https://longbridge.com/en/news/275598129.md) | | Chimera Investment Corporation announces $0.37 per share fourth quarter 2025 dividend | Chimera Investment Corporation has declared a fourth quarter 2025 dividend of $0.37 per share for its common stock. This | [Link](https://longbridge.com/en/news/270211320.md) | | VIRGINIA RETIREMENT SYSTEMS ET Al Buys New Position in Chimera Investment Corporation $CIM | VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Chimera Investment Corporation (NYSE:CIM) during Q2, purchasin | [Link](https://longbridge.com/en/news/262191080.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.