Ellington Credit Dividends and Buybacks
Dividend criteria checks 2/6
Ellington Credit is a dividend paying company with a current yield of 14.98%. Next payment date is on 25th November, 2024 with an ex-dividend date of 31st October, 2024.
Key information
15.0%
Dividend yield
-26.6%
Buyback Yield
| Total Shareholder Yield | -11.6% |
| Future Dividend Yield | 15.0% |
| Dividend Growth | 0.9% |
| Next dividend pay date | 25 Nov 24 |
| Ex dividend date | 31 Oct 24 |
| Dividend per share | €0.876 |
| Payout ratio | 414% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 73Z's dividend payments have been volatile in the past 10 years.
Growing Dividend: 73Z's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Ellington Credit Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (73Z) | 15.0% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Capital Markets) | 2.6% |
| Analyst forecast (73Z) (up to 3 years) | 15.0% |
Notable Dividend: 73Z's dividend (14.98%) is higher than the bottom 25% of dividend payers in the German market (1.66%).
High Dividend: 73Z's dividend (14.98%) is in the top 25% of dividend payers in the German market (4.77%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (413.7%), 73Z's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 73Z is paying a dividend but the company has no free cash flows.