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Chimera Investment's Series A Preferred Stock Crosses Above 10.5% Yield Territory

In trading on Thursday, shares of Chimera Investment Corp's 8.00% Series A Cumulative Redeemable Preferred Stock (Symbol: CIM.PRA) were yielding above the 10.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $17.94 on the day.

We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.

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