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
Dividend Growth Stocks News
- Top Asian Dividend Stocks To Consider In May 2025 - Yahoo Finance - 5/16/2025
- 3 Blue-Chip Dividend Stocks Every Canadian Should Own - MSN - 5/15/2025
- 2 Tech Dividend Stocks to Buy and Hold Forever - AOL.com - 5/15/2025
- Top 5 FTSE 100 Dividend Stocks To Watch In 2025 - ig.com - 5/15/2025
- Top European Dividend Stocks To Consider In May 2025 - Yahoo Finance - 5/6/2025
- Air Products and Chemicals Inc. (APD) Dividend Stock Analysis - 5/9/2025
- Waste Management, Inc. (WM) Dividend Stock Analysis - 5/2/2025
- Wal-Mart Stores, Inc. (WMT) Dividend Stock Analysis - 4/25/2025
- Abbott Laboratories (ABT) Dividend Stock Analysis - 4/18/2025
- General Dynamics (GD) Dividend Stock Analysis - 4/11/2025
This Leading REIT Stock Has A Yield In The Double Digits
Posted by D4L | Sunday, October 07, 2018 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.