Ellington Residential Mortgage REIT (EARN) Raises Quarterly Dividend 7.1% to $0.30; 9.3% Yield

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Go back to Ellington Residential Mortgage REIT (EARN) Raises Quarterly Dividend 7.1% to $0.30; 9.3% Yield

Ellington Residential Mortgage REIT Increases Common Dividend

June 9, 2021 5:53 PM EDT

 

OLD GREENWICH, Conn.--(BUSINESS WIRE)-- Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a dividend for the second quarter of 2021 of $0.30 per share, payable on July 26, 2021, to common shareholders of record as of June 30, 2021. This dividend represents an increase of more than 7% as compared to the Company's previously declared common dividend.

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... More