Ellington Financial is a dividend paying company with a current yield of 12.94%. Next payment date is on 1st July, 2024 with an ex-dividend date of 20th June, 2024.
Key information
12.9%
Dividend yield
265%
Payout ratio
Industry average yield
12.1%
Next dividend pay date
01 Jul 24
Ex dividend date
20 Jun 24
Dividend per share
n/a
Earnings per share
US$0.58
Dividend yield forecast in 3Y
12.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EFC.PRE's dividend payments have been volatile in the past 10 years.
Growing Dividend: EFC.PRE's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Ellington Financial Dividend Yield vs Market
How does EFC.PRE dividend yield compare to the market?
Segment
Dividend Yield
Company (EFC.PRE)
12.9%
Market Bottom 25% (US)
1.6%
Market Top 25% (US)
4.8%
Industry Average (Mortgage REITs)
12.1%
Analyst forecast in 3 Years (EFC.PRE)
12.9%
Notable Dividend: EFC.PRE's dividend (12.94%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: EFC.PRE's dividend (12.94%) is in the top 25% of dividend payers in the US market (4.81%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (264.6%), EFC.PRE's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: EFC.PRE is paying a dividend but the company has no free cash flows.