Business Context and Reporting Period
This Form 8-K filing by Chimera Investment Corporation (CIM) covers the date of February 15, 2023. The report serves as a current disclosure regarding the declaration of cash dividends for the first quarter of 2023 across multiple classes of preferred stock.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The primary financial data disclosed relates to dividend declarations:
- 8.00% Series A Preferred Stock: $0.50 per share
- 8.00% Series B Preferred Stock: $0.50 per share
- 7.75% Series C Preferred Stock: $0.484375 per share
- 8.00% Series D Preferred Stock: $0.50 per share
Material Changes
The filing does not contain comparative financial data or analysis of material changes versus prior periods. It solely announces the specific dividend amounts for the current quarter.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. The document is a regulatory disclosure of a dividend declaration event.
Investor Verification Checklist
- Verify the record date and payment date for the declared Q1 2023 dividends by reviewing the attached 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 filing for underlying liquidity and cash flow data supporting these dividend payments.