Chimera Investment's Series C Preferred Stock Shares Cross 10% Yield Mark

In trading on Monday, shares of Chimera Investment Corp's 7.75% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (CIM. RC) were yielding above the 10% mark based on its quarterly dividend (annualized to $1.9375), with shares changing hands as low as $19.16 on the day.