Ellington Residential Mortgage REIT (EARN) Declares $0.40 Quarterly Dividend; 11.9% Yield

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

December 13, 2016 4:20 PM EST

OLD GREENWICH, Conn., Dec. 13, 2016 /PRNewswire/ -- Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a dividend for the fourth quarter of 2016 of $0.40 per share, payable on January 25, 2017, to common shareholders of record as of December 30, 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