Chimera Investment Corporation CIM
Chimera Investment Corporation (CIM) operates as a U.S.-based real estate investment trust (REIT), having elected to be taxed under this specific structure. Through its various subsidiaries, the company primarily focuses on building a diverse portfolio of mortgage-related assets. This encompasses holdings such as residential mortgage loans, both agency-backed and non-agency residential mortgage-backed securities (RMBS), and agency mortgage-backed securities (MBS) that are collateralized by pools of both residential and commercial mortgage loans. Additionally, CIM invests in other financial instruments tied to the real estate sector. Its investment scope further extends to include securities across the credit spectrum, ranging from investment-grade and non-investment-grade classes to non-rated tranches. The firm was established in 2007 and is headquartered in New York, New York.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-18 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Reported FFO / EAD / leverage are from the Q1 2026 earnings release (filed 2026-05-07) — 8-K, EX-99.1 ✓ Verified to filing.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model CIM yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $820.77M | $230.50M | $7.18M | $794.87M | $-248.88M |
| 2024 | $257.93M | $176.06M | $321.00K | $672.71M | $205.67M |
| 2023 | $204.77M | $126.10M | $0.00 | $635.75M | $213.27M |
| 2022 | $-415.21M | $-513.07M | $61.49M | $-118.54M | $325.72M |
| 2021 | $1.06B | $670.11M | $70.58M | $1.07B | $519.18M |
| 2020 | $226.40M | $88.85M | $102.56M | $102.56M | $257.90M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-30 | 2026-06-30 | 2026-07-31 | 2026-06-11 | $0.45 | Quarterly |
| 2026-03-31 | 2026-03-31 | 2026-04-30 | 2026-02-10 | $0.45 | Quarterly |
| 2025-12-31 | 2025-12-31 | 2026-01-30 | 2025-12-18 | $0.37 | Quarterly |
| 2025-09-30 | 2025-09-30 | 2025-10-31 | 2025-09-18 | $0.37 | Quarterly |
| 2025-06-30 | 2025-06-30 | 2025-07-31 | 2025-06-11 | $0.37 | Quarterly |
| 2025-03-31 | 2025-03-31 | 2025-04-30 | 2025-03-20 | $0.37 | Quarterly |
| 2024-12-31 | 2024-12-31 | 2025-01-31 | 2024-12-19 | $0.37 | Quarterly |
| 2024-09-30 | 2024-09-30 | 2024-10-31 | 2024-09-19 | $0.37 | Quarterly |
| 2024-06-28 | 2024-06-28 | 2024-07-31 | 2024-06-13 | $0.35 | Quarterly |
| 2024-04-05 | 2024-04-08 | 2024-04-30 | 2024-03-28 | $0.11 | Quarterly |
| 2023-12-28 | 2023-12-29 | 2024-01-31 | 2023-11-02 | $0.11 | Quarterly |
| 2023-09-28 | 2023-09-29 | 2023-10-31 | 2023-08-03 | $0.18 | Quarterly |
| 2023-06-29 | 2023-06-30 | 2023-07-31 | 2023-06-14 | $0.18 | Quarterly |
| 2023-03-30 | 2023-03-31 | 2023-04-27 | 2023-02-02 | $0.23 | Quarterly |
| 2022-12-29 | 2022-12-30 | 2023-01-31 | 2022-11-17 | $0.23 | Quarterly |
| 2022-09-29 | 2022-09-30 | 2022-10-31 | 2022-09-21 | $0.23 | Quarterly |
| 2022-06-29 | 2022-06-30 | 2022-07-28 | 2022-05-04 | $0.33 | Quarterly |
| 2022-03-30 | 2022-03-31 | 2022-04-28 | 2022-02-17 | $0.33 | Quarterly |
| 2021-12-29 | 2021-12-30 | 2022-01-27 | 2021-12-02 | $0.33 | Quarterly |
| 2021-09-29 | 2021-09-30 | 2021-10-28 | 2021-09-13 | $0.33 | Quarterly |
| 2021-06-29 | 2021-06-30 | 2021-07-30 | 2021-05-05 | $0.33 | Quarterly |
| 2021-03-30 | 2021-03-31 | 2021-04-30 | 2021-03-11 | $0.30 | Quarterly |
| 2020-12-29 | 2020-12-30 | 2021-01-29 | 2020-12-01 | $0.30 | Quarterly |
| 2020-09-28 | 2020-09-29 | 2020-10-29 | 2020-09-15 | $0.30 | Quarterly |
Coverage (payout of operating cash flow): -60.71%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — CIM
10% Dividend Yields From Chimera Preferred Shares Offer Trading Opportunities
CIM Group's Permanent Power Company Closes Approximately $600M Construction Financing Facility for Grape Solar and Energy Storage Project
Karta Raises $140M led by Galaxy Ventures and Community Investment Management LLC (“CIM”) to Bring U.S. Credit Cards to Global Travelers
CIM Group Signs Lease with Varuni Napoli to Bring Authentic Neapolitan Pizzeria to Centennial Yards
Chimera Declares $0.45 Per Share Second Quarter 2026 Common Stock Dividend
Chimera: Credit Quality Assessment, Baby Bonds And Preferred Shares As Of Q1 2026
Chimera Preferred A: Reliable High Yield At A Discount
Earnings High Fliers And Busts
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
Other Mortgage REITs
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.