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Chimera Investment Corp's 7.75% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock Crosses Above 10% Yield Territory

Chimera Investment Corp's 7.75% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock Crosses Above 10% Yield Territory

In trading on Tuesday, shares of Chimera Investment Corp's 7.75% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: CIM.PRC) were yielding above the 10% mark based on its quarterly dividend (annualized to $2.2312), with shares changing hands as low as

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