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

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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.