The company pays a quarterly dividend of 50 cents a share. On an annualized basis, that's an outstanding yield of 10.6%. For income investors, that offsets the mediocre share-price performance. But it is improving on that front. Since late June, the stock has been steadier amid a recovery phase. It is forming a flat base with a 19.35 ideal buy point.
With a Relative Price Strength Rating of 55, Chimera Investment's (CIM) stock is no world-beater. But if there were a rating for its dividend, it would be impressive. Chimera raised the dividend two years ago, when it went from 48 cents to 50 cents a share. Excluding a special dividend in 2016, the only other increase was in March 2015, when it was raised from 45 cents. The company is a mortgage-focused real estate investment trust, a structure in which it doesn't pay income taxes and instead sends most profits directly to shareholders. That makes REITs attractive dividend plays.
Source: Investors.com
Related Articles:
- Dividend Growth Stocks Are My Conviction
- 5 Stocks With A Low Debt To Total Capital
- Should You Sell A Dividend Stock After A Dividend Cut?
- All Investing Involves Risk
- 4 Dividend Stocks With Room To Increase Their Payout
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
If you own solid, high-yield dividend stocks, you can be virtually certain you’ll get paid every quarter regardless of what happens with COV...
-
According to analysts, AT&T (NYSE:T) stock should more than cover its dividend when the company next reports earnings Oct. 26. But in a ...
-
When it comes to a socially-distanced 2020, investors haven’t embraced AT&T (NYSE:T). But is now a good time to reconnect with a doggish...
-
Insider buying indicates that an executive of the company feels good about the company’s future. Legendary investor, Peter Lynch said, “insi...
-
This security had a 4.73X interest coverage in Q2, vs. 4.39 in Q1 2020. Its 2023 Senior Notes now yield 7.19% and go ex-dividend for their s...
-
The price of oil bounded higher today. The U.S. oil price benchmark WTI was up more than 9% by 11:30 a.m. EST on Monday, fueled by news that...
-
Picking a high-paying dividend stock to buy is easy. The hard part is finding an income investment where the dividend isn't at risk, tha...
-
Despite all of that potential malaise, JPMorgan stock analysts are holding steady on their calls for these three dividend stocks, yielding s...
-
Investors have to look a little harder for high dividend yields. But this does not necessarily mean investors need to sacrifice dividend saf...
-
In a volatile economy, dividend stocks have always proven to be a safe play. These stable investments can offset losses and help you generat...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.