Chimera Investment Corp (CIM) · Nov 5, 2026 · Other events

Chimera Investment declares preferred dividends as floating payouts rise

Preferred dividends declared — Series A $0.50 unchanged; floating-rate payouts increased from Q3

Chimera’s fourth-quarter preferred dividend declaration keeps Series A unchanged while floating-rate Series B, C and D payouts increase with benchmark rates.

Chimera is an internally managed residential mortgage REIT, using investment and loan-origination businesses to build risk-adjusted returns from U.S. housing credit assets. The filing is a routine quarterly distribution notice, not a change to that operating story. 〔0〕

The filing confirms the preferred dividend framework remains intact. Series A stays at $0.50 per share, while the three floating-rate series rise modestly from the third quarter as their benchmark-rate resets increased. The prior quarter already established the same four-series dividend pattern, making the direction and structure largely expected.

Preferred seriesQ4 2026Q3 2026Rate basis
Series A dividend (Financial Highlights)$0.5000$0.50008.00% fixed
Series B dividend (Financial Highlights)$0.6343$0.611110.14841%
Series C dividend (Financial Highlights)$0.5751$0.55789.10041%
Series D dividend (Financial Highlights)$0.6153$0.59849.73641%

The higher payouts are mechanical, not evidence of better execution. Series B’s dividend reflects a 10.14841% rate, and Series C’s reflects a 9.10041% rate; both are determined by three-month CME Term SOFR plus contractual spreads.

The business impact is minimal. The announcement does not alter common-stock guidance, capital allocation, leverage, asset strategy, or the company’s residential mortgage operations. It simply confirms the cash obligations to preferred holders, with payment scheduled for December 30, 2026 for the disclosed series. 〔1〕

Bottom line: This is a scheduled preferred-dividend reset, not a new business signal. The floating-series payouts are slightly higher, but the increase reflects market rates rather than improved or weakened company execution.

What to watch next

Preferred dividend payments, December 30

Original filing on SEC EDGAR

More Chimera Investment Corp news

Chimera Investment declares preferred dividends as floating payouts rise | CIM Stock News
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