Ellington Credit Company (EARN) Declares $0.08 Monthly Dividend; 18.8% Yield
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Ellington Credit Declares Monthly Common Dividend
April 3, 2025 4:36 PM EDTOLD GREENWICH, Conn.--(BUSINESS WIRE)-- Ellington Credit Company (NYSE: EARN) ("we" or the "Fund") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on May 27, 2025 to shareholders of record as of April 30, 2025.
As previously announced, in connection with its recently completed conversion to a closed-end fund registered under the Investment Company Act of 1940, the Fund has implemented a Dividend Reinvestment Plan (the "DRP"). The DRP provides for automatic reinvestment of cash distributions, unless prior to the related record date a shareholder (or... More
