Ellington Residential Mortgage REIT (NYSE: EARN) declared a quarterly dividend of $0.40 per share, or $1.6 annualized.

The dividend will be payable on July 25, 2017, to stockholders of record on June 30, 2017, with an ex-dividend date of June 28, 2017.

The annual yield on the dividend is 10.9 percent.

For a dividend history and other dividend-related data on Ellington Residential Mortgage REIT (EARN) click here.