This company released fourth-quarter earnings recently. The mortgage REIT once again covered its dividend payout with core earnings. Shares remain reasonably valued based on run-rate core earnings and accounting book value. An investment in the stock yields 10.8 percent.
Chimera Investment Corporation (CIM) released fourth-quarter results last week that continue to support the investment thesis for high-yield investors that seek to capture high, recurring dividend income from this mortgage REIT. Chimera Investment Corp. continued to outearn its going dividend rate with core earnings in the fourth quarter, and shares remain moderately valued on a run-rate core earnings and book value basis.
Source: Seeking Alpha
Related Articles:
- 3 Exceptional Dividend Growth Stocks With Quality Financials
- Three Keys For Successful Dividend Growth Investing
- Are You Patient Enough To Be Wealthy? These 6 Dividend Stocks Will Help You Wait
- 5 Dividend Stocks With A Quick Payback
- 3 High-Rated Dividend Stocks With Above Target Returns
________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.