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Ellington Residential Mortgage REIT (EARN) Declares $0.45 Quarterly Dividend; 14.7% Yield

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Ellington Residential Mortgage REIT Announces Dividend For The First Quarter Of 2016

March 8, 2016 5:05 PM EST

OLD GREENWICH, Conn., March 8, 2016 /PRNewswire/ -- Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a dividend for the first quarter of 2016 of $0.45 per share, payable on April 25, 2016, to common shareholders of record as of March 31, 2016.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical in nature and can be identified by words such as "anticipate," "estimate," "will,"... More