Ellington Financial (EFC) Reports Q4 EPS of $0.27

Ellington Financial (NYSE: EFC) reported Q4 Adjusted Distributable Earnings of $0.27 per share.

Management expects to recommend to our board of directors a reduction of the monthly dividend from $0.15 to $0.13 per share, beginning in March, which would imply a dividend yield of 12.8% based on the February 23, 2024 closing stock price of $12.16 per share.

For earnings history and earnings-related data on Ellington Financial (EFC) click here.

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