Dividend History Ellington Financial EFC

Dividend decisions can be influenced by what other companies in the same industry are doing. Ellington Financial’s dividend yield is higher than the average dividend yield of its peers. Discover dividend stocks matching your investment objectives what is mirror trading with our advanced screening tools. View advanced dividend insights and history for in-depth analysis of
historical dividend payouts and performance. The next dividend payout for Ellington Financial ($EFC) will be on October 25, 2023.

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Ellington Financial Dividend History by Quarter

In addition, the company offers consumer loans and asset-backed securities backed by consumer and commercial assets. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Ellington Financial LLC was incorporated in 2007 and is based in Old Greenwich, Connecticut.

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In comparison with the Financial Services sector average of 3.73%, Ellington Financial’s dividend yield is 287% higher. The historical 5-year average of EFC’s dividend yield is 11.6%, which is lower than the current one. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.

Dividend History

This suggests a possible upside of 16.7% from the stock’s current price. View analysts price targets for EFC or view top-rated stocks among Wall Street analysts. 5 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Ellington Financial in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock.

Ellington Financial Stock (NYSE:EFC) Dividends: History, Yield and Dates

Ellington Financial’s next monthly dividend payment of $0.15 per share will be made to shareholders on Wednesday, October 25, 2023. Ellington Financial pays monthly dividends to shareholders. The dividend payout ratio of Ellington Financial is 391.3%.

EFC has paid dividend of $1.8 per share in the last year. Yes, Ellington Financial has paid 12 dividends in the last 12 months. The next Ellington Financial Inc dividend went ex 3 days ago for 15c and will be paid in 24 days. The previous Ellington Financial Inc dividend was 15c and it went ex 1 month ago and it was paid 6 days ago. There are typically 12 dividends per year (excluding specials), and the dividend cover is approximately 1.1. © Market data provided is at least 15-minutes delayed and hosted by Barchart Solutions.

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Over the past three years, the company’s dividend has not grown. No, Ellington Financial is considered not a good dividend. The dividend is above their peers but, based on the TTM, the year-over-year dividend growth is stagnant. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Add Ellington Financial Inc to receive free notifications when they declare their dividends. Learn from industry thought leaders and expert market participants.

What is Ellington Financial’s dividend yield?

Since 1988 it has more than doubled the S&P 500 with an average gain of +24.17% per year. These returns cover a period from January 1, 1988 through September 4, 2023. A simple, equally-weighted average return of all Zacks Rank stocks is calculated stock sectors to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.

Ellington Financial (EFC) Dividend Yield, Date & History

Ellington Financial Inc. is a real estate investment trust (REIT). The Company acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets. Its investments in residential and commercial mortgage loans consist of performing, non-performing, or sub-performing loans. The Company acquires and manages other types of mortgage-related and financial assets, such as mortgage servicing rights (MSRs) and credit risk transfer securities (CRTs). Its subsidiaries include EF Mortgage LLC, EF Securities LLC and EF CMO LLC.

Key Data for EFC Dividend

Investors need to be owners of Ellington Financial (EFC) shares by September 29, 2023. EFC has a payout ratio of 391.3% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 33.5%, Ellington Financial’s payout ratio is 1,068% higher. EFC has a dividend yield of 14.43% which is higher than the Financial Services sector, the industry and its peers average.

This trading strategy invovles purchasing a stock just before the ex-dividend date in order to collect the dividend and then selling after the stock price has recovered. Schedule monthly income from dividend stocks with a monthly payment frequency. Learn more about dividend stocks, including information about important dividend dates, the advantages of dividend stocks, dividend yield, and much more in our financial education center. Ellington Financial’s most recent monthly dividend payment of $0.15 per share was made to shareholders on Monday, September 25, 2023.

The consensus among Wall Street analysts is that investors should “moderate buy” EFC shares. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. Enter your email address below to receive our daily newsletter that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.

The dividend is paid every month and the last ex-dividend date was Sep 28, 2023. There are no upcoming dividends for Ellington Financial. The last dividend what makes a good trader paid out to investors was $0.15 on October 25, 2023. Ellington Financial’s dividend yield is higher than the Financial Services sector average.