Income Investors: Chimera A 'Must Own' $2.75 Stock
By Ry Frank:Whether the market is moving up or down, real estate investment trusts (REITs) can provide benefits to investors in the form of either growth or income. While there are a number of good buys in the REIT niche today, one of my favorites in this particular sector is Chimera Investment Corporation (CIM).In this article, I will explain why I really like Chimera based on its high dividend yield as well as its future growth prospects. In addition, for those who are seeking a hedge against inflation, adding a good solid REIT such as Chimera can offer even more benefit.
Analyzing the Fundamentals
Chimera operates as a REIT in the U.S. by investing primarily in residential mortgage-backed securities, as well as residential and commercial mortgage loans, and other real estate related securities. One of this REITs targeted asset classes is agency and non-agency residential mortgage backed securities (RMBS).While someComplete Story »