next dividend Chimera speak this
The Board of Directors of Chimera announced the declaration of its second quarter cash dividend of $0.50 per share of 8% Series A Cumulative Redeemable Preferred Stock.
But I don’t quite understand the term. it’s the first time I’ve come across the following.
Do you mean that he will pay 8% from 0.50$ and the remaining 92% in shares?
If this is the case and we have some shares we have to do something else
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