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

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)

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Chimera Investment Corporation