Ellington Financial (EFC) Declares $0.50 Quarterly Dividend; 11.7% Yield
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Ellington Financial LLC Announces First Quarter Dividend of $0.50 Per Share
May 2, 2016 5:05 PM EDTOLD GREENWICH, Conn., May 2, 2016 /PRNewswire/ -- Ellington Financial LLC (NYSE: EFC) (the "Company") today announced that its Board of Directors has declared a dividend for the first quarter of 2016 of $0.50 per share, payable on June 15, 2016 to shareholders of record as of June 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
