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CIM ex div date 3/30

Posted on 3/16/20 at 12:13 pm
Posted by bayoubengals88
LA
Member since Sep 2007
18919 posts
Posted on 3/16/20 at 12:13 pm
It's gonna give you about 12% at these prices on 4/31. $2.00 per share annually.

Many here have been buying, holding, and reinvesting dividends on this one for years now.

Considering this nearly five year chart, CIM is holding up fairly well, and presents a great buying opportunity in the 15s (or lower)

As you can see below, CIM (blue) has outperformed the Vanguard REIT ETF (VNQ, yellow) and one of the other popular high dividend reits (NLY, orange).

Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/16/20 at 12:21 pm to
In
Posted by Croacka
Denham Springs
Member since Dec 2008
61441 posts
Posted on 3/16/20 at 12:31 pm to
12% or 3%?
Posted by bayoubengals88
LA
Member since Sep 2007
18919 posts
Posted on 3/16/20 at 12:41 pm to
The chart says 11.96%

Since I first bought it over two years ago it has fluctuated between 10.5 and 9.5%

.50 per quarter has been steady for a few years. Was .48 before that.
Posted by GenesChin
The Promise Land
Member since Feb 2012
37706 posts
Posted on 3/16/20 at 12:49 pm to
quote:

CIM


May be a dangerous play considering the current refinancing boon and their exposure to residential loans. The spread they are making should shrink considerably
Posted by skewbs
Member since Apr 2008
2003 posts
Posted on 3/16/20 at 3:01 pm to
Just added 200 shares at $15.55/share. It immediately dropped LOL but not by too much. I like buying at any price point in the $15 - 16 range.
Posted by WM88
West Monroe
Member since Aug 2004
1583 posts
Posted on 3/16/20 at 3:26 pm to
I believe they announced a 150 million stock buy back today.
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7132 posts
Posted on 3/17/20 at 9:32 am to
Down another 10% today
Posted by C
Houston
Member since Dec 2007
27824 posts
Posted on 3/17/20 at 9:40 am to
Yeah they are heading down fast!!!
Posted by bayoubengals88
LA
Member since Sep 2007
18919 posts
Posted on 3/17/20 at 9:42 am to
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
63997 posts
Posted on 3/17/20 at 9:52 am to
I bought recently at $21 and again in the $15's, and watching it today hurts my heart.
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
63997 posts
Posted on 3/17/20 at 9:53 am to
I need someone smarter than me to tell me what changed in the last 24 hours for this to drop 15% today with the Dow virtually unchanged?
Posted by jmcwhrter
Member since Nov 2012
6564 posts
Posted on 3/17/20 at 9:54 am to
quote:

I believe they announced a 150 million stock buy back today.


Share buyback is bad? they think this will cut into the dividend?
Posted by bayoubengals88
LA
Member since Sep 2007
18919 posts
Posted on 3/17/20 at 9:55 am to
quote:

I bought recently at $21 and again in the $15's, and watching it today hurts my heart.


20.75 and 16.40 here.

It’s just money my friend.
Posted by bayoubengals88
LA
Member since Sep 2007
18919 posts
Posted on 3/17/20 at 9:57 am to
They announced the buy back last Friday, and there has been fairly heavy insider buys since then.

You’ve got upper management buying over 100k shares at a time.
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
63997 posts
Posted on 3/17/20 at 9:58 am to
All of this would point to shares going up, not down.
Posted by bayoubengals88
LA
Member since Sep 2007
18919 posts
Posted on 3/17/20 at 9:59 am to
Right
Posted by jmcwhrter
Member since Nov 2012
6564 posts
Posted on 3/18/20 at 7:53 am to
The "bottom" just fell out again
Posted by WM88
West Monroe
Member since Aug 2004
1583 posts
Posted on 3/18/20 at 10:33 am to
Anyone have info what's going on here?

This stock has been stable for a long time and down 37% today.

I'm buying but I almost feel like I'm using my cash as toilet paper now.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/18/20 at 10:35 am to
FML
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