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Stock impact report

CHIMERA INVESTMENT CORPORATION REPORTS 3RD QUARTER 2024 EARNINGS

Chimera Investment Corporation (CIM) 
Last chimera investment corporation earnings: 2/12 07:00 am Check Earnings Report
US:NYSE Investor Relations: chimerareit.com/investors
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the third quarter ended September 30, 2024.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241106429044/en/Financial Highlights(1):3RD QUARTER GAAP NET INCOME OF $1.39 PER DILUTED COMMON SHARE3RD QUARTER EARNINGS AVAILABLE FOR DISTRIBUTION(2) OF $0.36 PER DILUTED COMMON SHAREGAAP BOOK VALUE OF $22.35 PER COMMON SHARE AT SEPTEMBER 30, 2024, AND ECONOMIC RETURN(3) OF 6.82% AND 15.56% FOR THE QUARTER AND NINE MONTHS ENDED SEPTEMBER 30, 2024, RESPECTIVELY.“We feel good about our business. We continue to find new investment opportunities and have increased the dividend on our common stock for two consecutive quarters,” said Phillip J. Kardis II, President and CEO. “Throughout the third quarter, the company sponsored a mortgage securitization, issued unsecured debt, purchased nearly $600 million of securities, and com Show less Read more
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