Mikeoxenormous
Diamond Member
(2) cim stock - Bing
I bought into this stock when it was around $20 a share. I have around $80,000 a year in dividends coming in now, which i turn right back around and purchase more CIM stock. At 12 a share i get almost 6,700 new shares every year on top of what i have. I dont plan to pull the stock out until i hit 70 and at the rate of the repurchasing, i could have another $800,000 worth by 2032. If the shares get back to $20 a share, i will be buying less, but my total will be worth even more.Chimera Investment Corp
NYSE: CIM
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