Chimera Investment's Series B Preferred Stock Crosses Above 10.5% Yield Territory
In trading on Friday, shares of Chimera Investment Corp's 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: CIM.PRB) were yielding above the 10.5% mark based on its quarterly dividend (annualized to $2.4444), with shares changing hands as low a