Who We Are
Chimera Investment Corporation (NYSE: CIM) is an internally managed Real Estate Investment Trust (REIT). Our corporate objective is to provide attractive risk-adjusted returns to our shareholders over the long-term. Chimera is commonly referred to as a “Hybrid Mortgage REIT”. We manage our business through investments in both mortgage loans and mortgage related securities. Our income is primarily derived from the interest we earn on securities we hold, less the cost of our borrowings. We have elected to be taxed as a REIT, which means that we must distribute at least 90% of our taxable income back to our shareholders through dividends. Since our founding, Chimera has generated $3.55 Billion dividends for our shareholders.
Chimera’s corporate headquarters are in New York City. The core senior management team has been with Chimera since its inception in 2007. This long-term investment focus, under its senior guidance, has enabled Chimera's investment team to identify and acquire several large pools of franchise assets that have become the cornerstone of its investment portfolio.