Chimera Investment (CIM -5.2%) falls sharply after declaring a Q2 dividend of $0.09/share, down...

|About: Chimera Investment Corpo... (CIM)|By:, SA News Editor

Chimera Investment (CIM -5.2%) falls sharply after declaring a Q2 dividend of $0.09/share, down from $0.11 in Q1. It's the 2nd dividend cut in 3 quarters on top of the recent firing of its auditor (the company has yet to file its 2011 10K or Q1 10Q). (PR)