Ellington Financial Dividend
Dividend criteria checks 2/6
Ellington Financial is a dividend paying company with a current yield of 11.98%. Next payment date is on 30th October, 2024 with an ex-dividend date of 30th September, 2024.
Key information
12.0%
Dividend yield
135%
Payout ratio
| Industry average yield | 11.2% |
| Next dividend pay date | 30 Oct 24 |
| Ex dividend date | 30 Sep 24 |
| Dividend per share | US$1.560 |
| Earnings per share | US$1.13 |
| Dividend yield forecast | 12.0% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EFC.PRC's dividend payments have been volatile in the past 10 years.
Growing Dividend: EFC.PRC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Ellington Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EFC.PRC) | 12.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Mortgage REITs) | 11.2% |
| Analyst forecast (EFC.PRC) (up to 3 years) | 12.0% |
Notable Dividend: EFC.PRC's dividend (11.98%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: EFC.PRC's dividend (11.98%) is in the top 25% of dividend payers in the US market (4.32%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (135%), EFC.PRC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: EFC.PRC is paying a dividend but the company has no free cash flows.