Ellington Financial (EFC) Lowers Quarterly Dividend 23.1% to $0.50; 11.1% Yield
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Ellington Financial LLC Reports Third Quarter 2015 Results
November 5, 2015 10:00 PM ESTOLD GREENWICH, Conn., Nov. 5, 2015 /PRNewswire/ -- Ellington Financial LLC (NYSE: EFC) today reported financial results for the quarter ended September 30, 2015.
Highlights
Net increase in shareholders' equity resulting from operations ("net income") for the third quarter was $3.9 million, or $0.12 per basic and diluted share, as compared to net income of $13.2 million, or $0.39 per basic and diluted share, for the quarter ended June 30, 2015. Book value per share as of September 30, 2015 was $22.22 on a diluted basis, after payment of a quarterly dividend... More