Ellington Financial (EFC) Declares $0.41 Quarterly Dividend; 10.7% Yield

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Ellington Financial LLC Announces Third Quarter Dividend of $0.41 Per Share

October 31, 2018 4:15 PM EDT

OLD GREENWICH, Conn.--(BUSINESS WIRE)-- Ellington Financial LLC (NYSE: EFC) (the "Company") today announced that its Board of Directors has declared a dividend for the third quarter of 2018 of $0.41 per share, payable on December 17, 2018 to shareholders of record as of November 30, 2018.(1) Subject to the ultimate discretion of the Board of Directors, the Company's management expects to continue to recommend quarterly dividends of $0.41 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 declare a special... More