On Wednesday, Chimera Investment Corporation (NYSE:CIM)’s shares inclined 1.55% to $14.70.
Chimera Investment Corporation (CIM) declared that the Board of Directors has declared the second quarter 2015 common stock dividend and set the quarterly dividend for 2015.
2015 Dividends
The Board of Directors of Chimera declared the declaration of its second quarter 2015 cash dividend of $0.48 per common share. This dividend is payable July 30, 2015, to common stockholders of record on June 30, 2015. The ex-dividend date is June 26, 2015.
Chimera Investment Corporation operates as a real estate investment trust in the United States. The company, through its auxiliaries, invests in residential mortgage-backed securities (RMBS), residential mortgage loans, commercial mortgage loans, real estate-related securities, and various other asset classes. Its targeted asset classes comprise non-agency RMBS, such as investment-grade and non-investment grade classes; agency RMBS; interest-only RMBS; and first or second lien loans secured by multifamily properties, mixed residential or other commercial properties, retail properties, office properties, and industrial properties.
Lexington Realty Trust (NYSE:LXP)’s shares gained 2.67% to $9.22.
Lexington Realty Trust (LXP) declared that it declared a regular common share/unit dividend/distribution for the quarter ending June 30, 2015 of $0.17 per common share/unit payable on or about July 15, 2015 to common shareholders/unitholders of record as of June 30, 2015.
Lexington also declared that it declared a cash dividend of $0.8125 per share of Series C Cumulative Convertible Preferred Stock (“Series C Preferred Shares”) for the quarter ending June 30, 2015. This Series C Preferred Share dividend is payable on or about August 17, 2015, to shareholders of record of Series C Preferred Shares as of July 31, 2015.
Lexington Corporate Properties Trust operates as a self-managed and self-administered real estate investment trust (REIT). The company acquires, owns, and manages a portfolio of office, industrial, and retail properties net-leased to corporate tenants in the United States.
At the end of Wednesday’s trade, Cenovus Energy Inc (USA) (NYSE:CVE)‘s shares surged 1.68% to $16.90.
Cenovus Energy Inc (USA) (CVE) has returned to normal operations at its Foster Creek oil sands project in northern Alberta after a forest fire on the Cold Lake Air Weapons Range (CLAWR) led to the precautionary shutdown of the operation on May 23 for 11 full days.
Cenovus anticipates second-quarter production to be reduced by about 10,500 barrels per day (bbls/d) net due to the shutdown. For the full year, the production impact is estimated to be about 2,600 bbls/d net. Cenovus anticipates full-year production from Foster Creek to remain within its formerly declared annual guidance of 62,000 bbls/d to 68,000 bbls/d net.
Essential staff were cleared to return to Foster Creek on June 1 to inspect the site and start start-up activities. Crews found no damage to the Foster Creek facility and infrastructure, and the restart of operations went smoothly. The company is assessing predictable costs incurred as a result of the evacuation and the shutdown.
Cenovus Energy Inc., an integrated oil company, develops, produces, and markets crude oil, natural gas liquids (NGLs), and natural gas in Canada with refining operations in the United States.
Duke Realty Corp (NYSE:DRE), ended its Wednesday’s trading session with 0.48% gain, and closed at $19.00.
The Chicago office of Duke Realty Corp (DRE) has reached a lease agreement for three of its buildings in I-55 submarket of Chicago, comprising around 500,000 square feet. Given the huge demand of quality space in the I-55 submarket, this marks a very noteworthy agreement for the Indianapolis, IN-based real estate investment trust (“REIT”).
Duke Realty is engaged in owning, managing and developing industrial, healthcare and office properties across the nation. As of Mar 31, 2015, the REIT solely or jointly owned 720 industrial, office, medical office and other properties. Of the total assets, 700 (stretching over 147.5 million square feet) are in-service properties and 20 (spanning around 5.4 million square feet) are under development. Again, in the greater Chicago region, Duke Realty owns, manages or has under development 12.2 million square feet of industrial properties.
The latest deal comprises an expansion by RTC, Inc., a designer of retail marketing displays, at 335 Crossroads Parkway in Crossroads Business Park. It also involves a new lease with APL Warehouse Logistics Administration, Inc., a third-party logistics services provider, for two of its buildings at Crossroads Business Park in Bolingbrook.
Duke Realty Corporation is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It offers a single point of responsibility for all aspects of a project, counting leasing, asset administration, construction and development. The firm primarily invests in commercial real estate sector. It was founded in 1972 and is headquartered in Indianapolis, Indiana with additional offices in Atlanta, Georgia; Baltimore, Maryland; Central Florida; Chicago, Illinois; Cincinnati, Ohio; Columbus, Ohio; Dallas, Texas; Houston, Texas; Minneapolis, Minnesota; Nashville, Tennessee; New Jersey; Northern and Southern California; Pennsylvania; Phoenix, Arizona; Raleigh, North Carolina; St. Louis, Missouri; Savannah, Georgia; Seattle, Washington; Washington D.C.; and South Florida.
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