Request for stock CIM Chimera REIT to be added
Ticker symbol CIM, listed on NYSE.
Current price 9.12$, sitting low in its 52 week range.
Residential mortgage loans, residential mortgage-backed securities, commercial mortgage loans and real-estate related securities make up the bulk of their portfolio, with a few other asset classes thrown in the mix.
Double digit (13%), quarterly payer, with an ok-ish payout ratio(81%).
Operating income dipped on 2018 and again in 2020, macro conditions were the driving forces.
Short & long term liabilities seem to be covered by short term assets.
Due to price of the stock dropping significantly, this might be a good entry point, if you can take the ups and downs that are inevitably to follow.
All in all, CIM is a stock i would very much like to add to my holdings, especially in its current depressed state.
(Make this ISA-able please )
As always, DYOR (Do Your Own Research).