Chimera Investment Corporation (NYSE:CIM) Making The Right Moves


Boston, MA – (Financialstrend) – 03/24/2014 – Chimera Investment Corporation (NYSE:CIM) continues to make good progress in the filing of its past due SEC-reports and has filed the 2nd quarter 2013 Form10-Q. Chimera Investment Corporation (NYSE:CIM) expects to file the company’s 3rd quarter Form10-Q in April & at that same time, the company will provide its guidance on the filing of the 2013 Form10-K. The company expects to continue with filing on an accelerated-pace to ensure that investors receive the latest information possible.

Chimera Investment Corporation (NYSE:CIM)’s management expects to be the current-filer in 2014. With every quarterly/ annual filing, Chimera Investment Corporation (NYSE:CIM) will provide very specific information with relation to the timing of its future filings.

The company announced that it’s filing of the Form 10-K for the year that ended Dec 31, 2013 will now be delayed beyond its Form 12b-25 extended due-date. As detailed in Chimera Investment Corporation (NYSE:CIM)’s Form 12b-25, due to the previously completed re- statement of the company’s fiscal statements in the period that covered 2008 -2011 that was included in Chimera Investment Corporation (NYSE:CIM)’s Annual Report on Form10-K for the year that ended Dec 31, 2011 that had been filed on 8 March 2013, it was not able to file the Annual Report on its Form 10-K for the year that ended 31 December2013 within the extension-period that had been provided under the Rule 12b-25.The NYSE will now closely monitor the status of Chimera Investment Corporation (NYSE:CIM) and the related public- disclosures for a period of upto 6 months from its due-date.

Chimera Investment Corporation (NYSE:CIM) announced its quarterly-dividend on 21 March. Shareholders who are of record on 31 March will be paid the dividend of 0.09/ share on 24 April . This represents its $0.36 annualized dividend & the dividend yield of 11.39%. Its ex- dividend date is 27th of March.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.