Chimera Investment Corporation

Chimera Investment Corporation has declared a third quarter cash dividend of $0.45 per common share, holding the payout steady at an annualized rate of $1.80 per share. The dividend matches the payouts for the first and second quarters of 2026 and is in line with the Board's previously stated expectation to maintain the $0.45 quarterly dividend throughout 2026. The dividend is payable on October 30, 2026 to common shareholders of record on September 30, 2026, with an ex-dividend date of September 30, 2026. Chimera Investment Corporation, which trades on the New York Stock Exchange under the ticker CIM, is a diversified, internally managed REIT serving the U.S. residential real estate market through its Investment Portfolio and Residential Origination segments.

Chimera Investment Corporation reported second quarter 2026 earnings available for distribution of $0.46 per share, matching its projected underlying run rate and covering its $0.45 quarterly dividend. GAAP net loss was approximately $4 million, with a $13 million loss from the investment portfolio offset by $9 million of net income from residential origination. Book value per share declined 3.2% to $17.75, and annualized EAD return on average common equity was 10.35%. HomeXpress funded a record $1.1 billion in loans, up 30% year-over-year and 24% sequentially, with EBITDA of $11.8 million and net origination margin expanding to 124 basis points, up 10 basis points from the first quarter of 2026. The company completed two resecuritizations backed by $487 million of loans and is targeting two HomeXpress securitizations and one third-party loan securitization by year-end.

Chimera Investment Corporation reported second-quarter 2026 net income of US$17.37 million and a basic loss per share from continuing operations of US$0.05, while declaring third-quarter cash dividends on all four series of its preferred stock and confirming completion of a multi-year US$105.88 million share repurchase program that retired about 16.87% of outstanding shares since 2020. Management indicated they are actively seeking acquisitions to grow and diversify the portfolio and expand fee-based income, even as profitability for the first half of 2026 shifted to a net loss compared with the prior year. The completed buyback program frames the weaker earnings against several years of capital returns, raising questions about future cash allocation between acquisitions, balance sheet strength, and ongoing dividends.