Chimera Investment Q4: Mixed Results, Worst Is Over

I rate Chimera Investment Corporation (NYSE: CIM ), a Hold, for income-focused investors interested in investing in mortgage real estate investment trusts (mREIT). Although the dividend yield of 10.65% is appealing, CIM has a history of poor performance over the long term. TheDavid A. Johnson is founder and principal of Endurance Capital Management, a New Jersey Limited Liability Company. As an investor entrepreneur, David invests in stocks, bonds, options, ETFs, REITs, real estate, closed end funds and alt ...