Ellington Credit Dividends and Buybacks
Dividend criteria checks 2/6
Ellington Credit is a dividend paying company with a current yield of 14.22%. Next payment date is on 26th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
14.2%
Dividend yield
-41.0%
Buyback Yield
| Total Shareholder Yield | -26.8% |
| Future Dividend Yield | 14.2% |
| Dividend Growth | 0.9% |
| Next dividend pay date | 26 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | US$0.960 |
| Payout ratio | 94% |
Recent dividend and buyback updates
Recent updates
Ellington Credit: Interest Rate Cuts Could Help The REIT
Sep 25Ellington Credit: 14% Yield, Major Strategic Change, 4% BV Discount
Jul 04EARN: Transforming From A 14% Yielding REIT To A CLO CEF
Apr 18Ellington Residential's 14% Yield Could Be Sustainable In 2024
Mar 23Ellington Residential Mortgage REIT: This 15% Yielding Mortgage Trust Could Outperform (Upgrade)
Sep 26Ellington Residential Mortgage REIT declares $0.08 dividend
Feb 07Ellington Residential Mortgage REIT declares $0.08 dividend
Jan 09Ellington Residential: Wait For A Drop Before Buying This 14% Yield
Jan 03Ellington Residential Mortgage REIT declares $0.08 dividend
Dec 07Ellington Residential Mortgage REIT Non-GAAP EPS of $0.23 misses by $0.01, TII of $5.19M beats by $0.69M
Nov 09Ellington Residential Mortgage REIT declares $0.08 dividend
Oct 06Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EARN's dividend payments have been volatile in the past 10 years.
Growing Dividend: EARN's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Ellington Credit Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EARN) | 14.2% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Capital Markets) | 1.8% |
| Analyst forecast (EARN) (up to 3 years) | 14.2% |
Notable Dividend: EARN's dividend (14.22%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: EARN's dividend (14.22%) is in the top 25% of dividend payers in the US market (4.2%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (93.8%), EARN's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1136.9%), EARN's dividend payments are not well covered by cash flows.