Company: CIMO
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023813
Chunk: 86

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 86
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 share of the Company’s common stock was entitled to receive a cash payment in lieu of a fractional share. The reverse stock split was not subject to stockholder approval and did not change the par value of the Company's common stock. All common shares, outstanding options and per share amounts for all periods presented were retroactively adjusted to reflect the reverse stock split.During the quarter ended March 31, 2025, the Company declared dividends to common shareholders of $30 million or $0.37 per share. During the quarter ended March 31, 2024, the Company declared dividends to common shareholders of $27 million or $0.33 per share. 

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Earnings per Share (EPS)EPS for the quarters ended March 31, 2025 and 2024 are computed as follows: For the Quarters Ended March 31, 2025March 31, 2024 (dollars in thousands, except share and per share data)Numerator:  Net income (loss) available to common shareholders - Basic$145,940 $111,016 Effect of dilutive securities:— — Net income (loss) available to common shareholders - Diluted$145,940 $111,016 Denominator: Weighted average basic shares81,350,497 81,239,381 Effect of dilutive securities1,043,721 478,834 Weighted average dilutive shares82,394,218 81,718,214 Net income (loss) per average share attributable to common stockholders - Basic$1.79 $1.37 Net income (loss) per average share attributable to common stockholders - Diluted$1.77 $1.36 There were no anti-dilutive shares as of quarters ended March 31, 2025 and 2024.

12. Accumulated Other Comprehensive Income

The following table presents the changes in the components of Accumulated Other Comprehensive Income, or the AOCI, for the quarters ended March 31, 2025 and 2024:March 31, 2025 (dollars in thousands) Unrealized gains (losses) on available-for-sale securities, netTotal Accumulated OCI BalanceBalance as of December 31, 2024$159,449 $159,449 OCI before reclassifications(1,679)(1,679)Amounts reclassified from AOCI— —