Business Context and Reporting Period
Company: Chimera Investment Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: May 9, 2024
Event: Declaration of second quarter dividends for multiple series of preferred stock.
Key Financial Metrics
This filing does not contain comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The primary financial data disclosed relates to dividend declarations per share for the second quarter:
- 8.00% Series A Cumulative Redeemable Preferred Stock: $0.50 per share
- 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock: $0.7094 per share
- 7.75% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock: $0.484375 per share
- 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock: $0.6989 per share
Material Changes
The filing does not provide comparative data against prior periods to assess material changes in financial performance. The document solely announces the current quarter's dividend declaration.
Guidance, Outlook, and Risks
Management Commentary: The filing references a press release (Exhibit 99.1) regarding the dividend declaration but does not include forward-looking guidance, outlook, or specific risk factors within the text of this 8-K.
Unusual Items: None reported in this filing.
Investor Verification Checklist
- Verify the record date and payment date for the declared dividends by reviewing the full press release (Exhibit 99.1).
- Confirm the total number of outstanding shares for each preferred stock series to calculate total dividend obligations.
- Review the company's most recent 10-Q or 10-K for liquidity and leverage metrics, as this 8-K does not provide them.