5 Best Dividend Stocks to Buy Now According to Billionaire Cliff Asness

2. Chimera Investment Corporation (NYSE: CIM)

Asness’ Stake Value: $1,053,000
Percentage of Cliff Asness’ 13F Portfolio: 0.001%
Dividend Yield: 9.8%
No. of Hedge Fund Holders: 16

Chimera Investment Corporation (NYSE: CIM) is a U.S-based real investment Trust (REIT). The company recently announced its Q1 2021 financials, revealing that its net income for the three months ended March 31 was $139 million, or $0.54 per share. Its core earnings for the same period amounted to $87 million, or $0.36 per share. The stock ranks 2nd in the list of best dividend stocks to buy now based on AQR’s 13F portfolio.

Chimera Investment Corporation (NYSE: CIM) board of directors declared a quarterly cash dividend of $0.33 per share (common stock) in Q2 2021. The dividend payout is scheduled to take place on July 30.