Ellington Financial Inc. (NYSE:EFC) Announces Monthly Dividend of $0.13

Ellington Financial Inc. (NYSE:EFC) announced a monthly dividend on Monday, February 9th. Investors of record on Friday, February 27th will be paid a dividend of 0.13 per share by the financial services provider on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 12.1%. The ex-dividend date is Friday, February 27th.

Ellington Financial has decreased its dividend payment by an average of 0.0%per year over the last three years. Ellington Financial has a payout ratio of 91.2% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Research analysts expect Ellington Financial to earn $1.67 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 93.4%.

Ellington Financial Stock Performance

EFC stock opened at $12.89 on Tuesday. The company has a 50-day simple moving average of $13.59 and a 200 day simple moving average of $13.51. The company has a market capitalization of $1.49 billion, a P/E ratio of 9.62 and a beta of 0.95. The company has a quick ratio of 50.60, a current ratio of 50.60 and a debt-to-equity ratio of 10.64. Ellington Financial has a fifty-two week low of $11.12 and a fifty-two week high of $14.40.

About Ellington Financial

Ellington Financial, Inc (NYSE: EFC) is a mortgage real estate investment trust (REIT) that focuses on generating attractive risk-adjusted returns through investments in residential and commercial mortgage-related assets. Established in 2013, the company is externally managed by Ellington Financial Management, L.P., a subsidiary of Ellington Management Group, an alternative asset management firm. EFC’s core strategy centers on actively acquiring and managing agency and non-agency residential mortgage-backed securities (MBS), mortgage servicing rights, residential whole loans, and other structured finance instruments, including asset-backed securities and commercial mortgage-backed securities (CMBS).

The company employs leverage and structured financing tools—such as repurchase agreements and secured credit facilities—to enhance portfolio yield while maintaining focus on risk mitigation.