Chimera Preferreds Yield Over 11% With Fundamentally Medium Risk

matdesign24 Chimera Investment Corporation (NYSE:CIM) preferreds Chimera Investment Corporation PFD SER B (NYSE:CIM.PR.B) and Chimera Investment Corporation 8% PFD CUM SER D (NYSE:CIM.PR.D) look quite appealing as a means of generating very high dividend income, as they have current yields in excess of 11% and are well covered by both assets and cashflows. When fixed income instruments yield over 10% it is usually due to abnormally high risk, but the nature of the high yield here came about in a different f ...