Business Context and Reporting Period
Company: Chimera Investment Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: November 6, 2024
Reporting Period: This filing reports a specific event (dividend declaration) occurring on November 6, 2024, rather than a full financial reporting period.
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 for the fourth quarter:
- 8.00% Series A Preferred Stock: $0.50 per share
- Series B Fixed-to-Floating Rate Preferred Stock: $0.6654 per share
- 7.75% Series C Fixed-to-Floating Rate Preferred Stock: $0.484375 per share
- Series D Fixed-to-Floating Rate Preferred Stock: $0.6467 per share
Note: The filing text does not provide a clear value for total dividend payout, liquidity, or leverage ratios.
Material Changes
The filing discloses the declaration of fourth-quarter dividends for four classes of preferred stock. No material changes to operations, asset values, or debt structures are reported in this specific document.
Guidance, Outlook, and Risks
Management Commentary: The filing serves as a Regulation FD disclosure regarding the press release announcing the dividend declaration. The press release is furnished as Exhibit 99.1 but is not deemed "filed" for liability purposes under Section 18 of the Exchange Act.
Risks and Contingencies: No specific risks or contingencies are detailed in the body of this 8-K filing.
Investor Verification Checklist
- Verify the record date and payment date for the declared dividends by reviewing the attached press release (Exhibit 99.1).
- Confirm the 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 comprehensive liquidity and leverage metrics, as this 8-K does not provide them.