Chimera Investment Corp (CIM) Stock Split History

Chimera Investment Corp has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on April 07, 2015 with the ratio of 1-for-5, meaning that for 5 shares of CIM owned pre-split, shareholders then owned 1 share. The most recent stock split took place on May 22, 2024 on a 1-for-3 basis.

These actions have increased CIM stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Chimera Investment Corp's total market capitalization.

For more detailed information of Chimera Investment Corp's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Chimera Investment Corp has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when CIM stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Chimera Investment Corp's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.