Historical Ellington Credit Dividends
A dividend is paid times per year. Last year, the payout months were January, March, March, April, May, June, July, August, September, October, November and December.
Paydate | Dividend |
---|
12/1/2024 | 0.08 |
10/30/2024 | 0.08 |
9/30/2024 | 0.08 |
8/31/2024 | 0.08 |
7/28/2024 | 0.08 |
7/1/2024 | 0.08 |
5/29/2024 | 0.08 |
4/27/2024 | 0.08 |
3/28/2024 | 0.08 |
3/1/2024 | 0.08 |
1/28/2024 | 0.08 |
12/29/2023 | 0.08 |
11/30/2023 | 0.08 |
10/28/2023 | 0.08 |
9/30/2023 | 0.08 |
8/28/2023 | 0.08 |
7/29/2023 | 0.08 |
6/30/2023 | 0.08 |
5/27/2023 | 0.08 |
4/30/2023 | 0.08 |
Is the Ellington Credit Dividend Safe?
Ellington Credit has been increasing the dividend for 1 years.
Over the past 10 years, Ellington Credit has increased it by an annual -1.704 %.
Over a five-year period, the distribution increased by -7.917%.
Analysts expect a Dividend Cut of -2.918% for the current fiscal year.
Ellington Credit Aktienanalyse
What does Ellington Credit do?
Ellington Residential Mortgage REIT is a publicly traded real estate investment company specializing in investing in mortgage securities. The company was founded in 2012 and is headquartered in Old Greenwich, Connecticut. It was founded by Laurence Penn, a former mortgage investor and CEO of Ellington Financial, one of the leading alternative asset management firms.
The business model of Ellington Residential Mortgage REIT is based on the purchase and management of MBS (Mortgage-Backed Securities) and RMBS (Residential Mortgage-Backed Securities) issued by government agencies such as Fannie Mae and Freddie Mac. The company invests in a wide range of mortgage products, including fixed-rate, variable-rate, and hybrid mortgages, to diversify investment risk.
Ellington Residential Mortgage REIT is divided into various business segments, including the acquisition and management of MBS and RMBS portfolios. The company's investments focus on prime mortgage securities issued by the national credit agency, which are government-backed and securitized. The company also holds a portfolio of loans that include fixed-rate or variable-rate loans tied to an interest rate index, which can be used as collateral for MBS and RMBS investments.
An important aspect of Ellington Residential Mortgage REIT's business model is active risk management. The company constantly monitors mortgage market prices and adjusts its portfolio to reduce risks and maximize return potential. It also uses derivatives, particularly swaps and options, to perform portfolio hedging.
Ellington Residential Mortgage REIT also offers a wide range of mortgage products, including first-lien mortgages, second-lien mortgages, hybrid ARMs, interest-only mortgages, among others. The company also provides mortgage-based loans, such as HELOCs (Home Equity Line of Credit) and home equity loans.
The company relies on two main strategies. The first is generating income through regular dividend distributions to its shareholders. The company aims for a high dividend yield to attract investors. The second strategy is long-term investment in mortgage securities to achieve high capital returns.
Ellington Residential Mortgage REIT has shown strong performance in recent years. The company has achieved an average dividend yield of around 10 percent in the past three years and has distributed a total of $27.9 million in dividends during that time. Assuming that the market environment remains stable in the future, the company also aims to continue pursuing high dividend yields.
Overall, through its strategic focus on the mortgage market, Ellington Residential Mortgage REIT has created a wide range of investment opportunities. With its strong determination to actively manage the portfolio, the company is well positioned to achieve attractive returns in different market conditions. The investment firm has become a major player in the industry, with investors trusting in its high-quality mortgage products and solid financial strategy. Ellington Credit is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.