The 10.5% Yield Of The Preferred Stock Of Chimera Is Attractive In This Painful Market

Almost two years ago, I recommended buying the preferred stock of Chimera (NYSE: CIM.PR.D ) for its 10.0% dividend yield and the wide margin of safety of the dividend. Since that article, the preferred stock has offered an outstandingI am a chemical engineer with a MS in Food Technology and Economics, and a MENSA member. I am the author of the book "Investing in Stocks and Bonds: The Early Retirement Project" (2024):I am also the author of the book "Mental Math: How to perform math calculations in your mind ...