MFA Financial and Chimera Investment -- Strong Dividends for a Low Interest Rate Environment
Paragon Report Provides Equity Research on MFA Financial & Chimera Investment
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 03/20/12 -- High yielding mortgage REITs have performed well this year. Continuously low interest rates are boosting earnings throughout the sector and therefore are helping to boost dividends. REITs trade like stocks, but by law, they must pay out 90 percent of their taxable income to shareholders as dividends. The Paragon Report examines the outlook for diversified REITs and provides equity research on MFA Financial Inc. (NYSE: MFA) and Chimera Investment Corporation (NYSE: CIM). Access to the full company reports can be found at:
Dividend returns for Mortgage REITs are partially dependent on interest rate spreads. Higher interest rates make borrowing more expensive for REITs. In late February Fed Chairman Ben Bernanke said the Federal Reserve is sticking with its plan to hold interest rates at record-low levels until at least late 2014, despite a pickup in hiring that's steadily lowered the unemployment rate.
The Federal Reserve has kept its benchmark rate near zero since December 2008, and in January extended a previous pledge to keep rates low through mid-2013. It has also bought $2.3 trillion of bonds in two rounds of so-called quantitative easing.
The Paragon Report provide investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on diversified REITs register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
Chimera Investment Corporation, through its subsidiaries, invests in residential mortgage-backed securities (RMBS), residential mortgage loans, commercial mortgage loans, real estate-related securities, and other asset classes. Earlier this month the Board of Directors of Chimera Investment Corporation declared the first quarter 2012 common stock cash dividend of $0.11 per common share. This dividend is payable April 27, 2012 to common shareholders of record on March 30, 2012. The ex-dividend date is March 28, 2012.
MFA Financial's Board of Directors has declared a preferred stock dividend of $0.53125 per share for the quarter ending March 31, 2012. This dividend is payable on April 2, 2012, to preferred stockholders of record as of March 1, 2012.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at
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Datum: 20.03.2012 - 07:20 Uhr
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