Ellington Financial Dividend

Dividend criteria checks 2/6

Ellington Financial is a dividend paying company with a current yield of 13.11%. Next payment date is on 25th June, 2024 with an ex-dividend date of 31st May, 2024.

Key information

13.1%

Dividend yield

265%

Payout ratio

Industry average yield12.0%
Next dividend pay date25 Jun 24
Ex dividend date31 May 24
Dividend per sharen/a
Earnings per shareUS$0.57
Dividend yield forecast in 3Y13.1%

Recent dividend updates

Recent updates

Ellington Financial: Well Positioned For A Housing Market Recovery

Apr 04

Ellington Financial: Get 14% Yield Paid Monthly From This Growing REIT

Jan 13

Ellington Financial: Lack Of Dividend Coverage Makes Me Hesitant

Sep 25

Ellington Financial: Impending Acquisitions, A Potential Turning Point

Jul 06

Analyst Forecasts Just Became More Bearish On Ellington Financial Inc. (NYSE:EFC)

Feb 26
Analyst Forecasts Just Became More Bearish On Ellington Financial Inc. (NYSE:EFC)

Ellington Financial Non-GAAP EPS of $0.42 misses by $0.01

Feb 23

Ellington Financial Preferred: 15% Yield To Call, Future 11%+ Dividend Yield Opportunity

Jan 30

Ellington Financial: Fairly Valued, Shares Nearing A Breakout, Patience Required

Jan 20

Ellington Financial declares $0.15 dividend

Jan 09

Ellington Financial estimates book value per share relatively flat in November

Dec 20

Ellington Financial declares $0.15 dividend

Dec 07

Ellington Financial declares $0.15 dividend

Nov 16

Ellington Financial: High Yielding Diversified mREIT Trading At A Deep Discount To Its BV

Nov 04

Ellington Financial declares $0.15 dividend

Oct 18

Ellington Financial declares $0.15 dividend

Oct 06

Ellington Financial book value per share seen sliding 2% in August

Sep 19

Ellington Financial declares $0.15 dividend

Sep 08

Ellington Financial estimates book value per share rising nearly 1% in July

Aug 17

Upcoming Dividend Payment

TodayMay 10 2024Ex Dividend DateMay 31 2024Dividend Pay DateJun 25 202425 days from Ex DividendBuy in the next 21 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: EFC's dividend payments have been volatile in the past 10 years.

Growing Dividend: EFC's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Ellington Financial Dividend Yield vs Market
How does EFC dividend yield compare to the market?
SegmentDividend Yield
Company (EFC)13.1%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.6%
Industry Average (Mortgage REITs)12.0%
Analyst forecast in 3 Years (EFC)13.1%

Notable Dividend: EFC's dividend (13.11%) is higher than the bottom 25% of dividend payers in the US market (1.51%).

High Dividend: EFC's dividend (13.11%) is in the top 25% of dividend payers in the US market (4.65%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (264.6%), EFC's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: EFC is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.