Key line, "We believe the partnership’s distribution is secure and the 13.4% yield is attractive, but near term challenges may limit price appreciation."
These guys make absolutely no sense. If you actually believed the yield was secure, you would be buying hand over fist and putting it away.
Indeed it is, can't believe anybody is listening to him again. Note these things always come out during the quiet period when companies can't respond.
How is it this guy a Morgan Stanley still has a job this morning? Frankly, the SEC should be investigating his motivation at this point.
Is it ant wonder that business investment is next to nothing when Treasury is so clearly political and constantly changing the rules?
They've been run by Democrats forever. Please explain the Bush economic policy that "destroyed" the economy. At the root of the economic crisis was Fannie, Freddie and the community reinvestment act which that right wing paper the New York Times warned about in 1999.
Purchase of Medarex at the height of the financial crisis was the best biotech buyout of all time.
No, you my friend are the dreamer
Chimera Investment Corporation Announces Special Common Stock Dividend of $0.50 per Share
Released : 03/03/2016
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) today announced that the Board of Directors declared a special common stock dividend of $0.50 per share. The special dividend is payable on March 31, 2016 to stockholders of record on March 17, 2016. The ex-dividend date is March 15, 2016.