Published on 15 May 2024 on Insider Monkey via Yahoo Finance
Dividend stocks are gaining momentum following major technology companies announcing their first-ever dividends this year. Americans are also starting to prefer dividend equities during the current inflation storm and expectations of a higher-for-longer scenario. In this environment affordable stocks that pay high dividends are in the limelight.
We recently covered some of the best high-yield penny dividend stocks to buy according to hedge funds. Chimera Investment Corporation (NYSE:CIM), being a notable name in the REIT industry, deserves special attention.
Chimera Investment Corporation (NYSE:CIM)