Ellington Financial (EFC) Declares $0.50 Quarterly Dividend; 12.6% Yield
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Ellington Financial LLC Announces Fourth Quarter Dividend of $0.50 Per Share
February 9, 2016 5:33 PM ESTOLD GREENWICH, Conn., Feb. 9, 2016 /PRNewswire/ --Â Ellington Financial LLC (NYSE: EFC) (the "Company") today announced that its Board of Directors has declared a dividend for the fourth quarter of 2015 of $0.50 per share, payable on March 15, 2016 to shareholders of record as of March 1, 2016.(1) Subject to the ultimate discretion of the Board of Directors, the Company's management expects to continue to recommend quarterly dividends of $0.50 per share until conditions warrant otherwise. At the end of each year, the Board of Directors takes into account the Company's earnings and other factors to consider whether to... More
