Ellington Financial (EFC) Raises Monthly Dividend 40% to $0.14; 10.3% Yield

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Go back to Ellington Financial (EFC) Raises Monthly Dividend 40% to $0.14; 10.3% Yield

Ellington Financial Increases Monthly Common Dividend by 40%

April 5, 2021 7:00 AM EDT

-Company Also Declares Quarterly Preferred Dividend-

OLD GREENWICH, Conn.--(BUSINESS WIRE)-- Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that its Board of Directors has declared a monthly dividend of $0.14 per common share, payable on May 25, 2021 to stockholders of record as of April 30, 2021. This dividend represents an increase of 40% as compared to the Company's previously declared monthly common dividend.

"I am pleased that the Board increased our monthly dividend to $0.14, as we continue to see strong growth in our business, driven by a larger flow of... More