Friday, June 17, 2011

Goldbug100 - Chimera Investment Corporation (NYSE: CIM ) increased holding by 60%

at $3.469 a share yesterday taking advantage of the markets weakness
eps 0.63 Dividend and yield 0.56 (16.10%)
at the close of market yesterday they closed at $3.49
their 52 week range is $3.37 - $4.36  


Chimera Investment Corporation
1211 Avenue Of The Americas
Suite 2902
New York, NY 10036-8701
United States - Map
Phone: 646-454-3759
Website: http://www.chimerareit.com 
Business Summary 
Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in residential mortgage-backed securities (RMBS), residential mortgage loans, commercial mortgage loans, real estate-related securities, and other asset classes. Its targeted asset classes include agency or non-agency RMBS; prime, jumbo prime, and Alt-A mortgage loans; first or second lien loans secured by multifamily properties, mixed residential or other commercial properties, retail properties, office properties, or industrial properties; and asset-based securities (ABS), including commercial mortgage-backed securities, debt and equity tranches of collateralized debt obligations, and consumer and non-consumer ABS. The company has elected to be treated as a REIT for federal income tax purposes and would not be subject to income tax, if it distributes at least 90% of its REIT taxable income to its share holders. Chimera Investment Corporation was founded in 2007 and is based in New York, New York.




Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)