About Chimera Investment Corporation
Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company specializes in a diverse portfolio of mortgage assets, offering investors exposure to various segments of the real estate market.
Investment Focus
Through its subsidiaries, Chimera invests in a wide range of mortgage-related assets, including:
- Residential mortgage loans
- Agency and non-agency residential mortgage-backed securities
- Commercial mortgage-backed securities
- Business purpose and investor loans
- Residential transition loans
- Other real estate-related securities
Investment Strategy
The company maintains a flexible investment approach, targeting:
- Investment grade securities
- Non-investment grade securities
- Non-rated securities
REIT Status & Dividend Policy
As a qualified REIT for federal income tax purposes, Chimera is required to distribute at least 90% of its taxable income to shareholders through dividends, making it an attractive option for income-focused investors.
Company Background
Founded in 2007, Chimera Investment Corporation is headquartered in New York, New York, and has established itself as a notable player in the mortgage REIT sector.