Ellington Financial About To Put More Money In Your Pocket (EFC)

Looking at the universe of stocks we cover at Dividend Channel, on 8/27/14, Ellington Financial LLC ( EFC) will trade ex-dividend, for its quarterly dividend of $0.77, payable on 9/15/14. As a percentage of EFC's recent stock price of $25.38, this dividend works out to approximately 3.03%, so look for shares of Ellington Financial LLC to trade 3.03% lower — all else being equal — when EFC shares open for trading on 8/27/14.

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Below is a dividend history chart for EFC, showing historical dividends prior to the most recent $0.77 declared by Ellington Financial LLC:

EFC+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from EFC is likely to continue, and whether the current estimated yield of 12.14% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of EFC shares, versus its 200 day moving average:

Ellington Financial LLC 200 Day Moving Average Chart

Looking at the chart above, EFC's low point in its 52 week range is $21.12 per share, with $25.40 as the 52 week high point — that compares with a last trade of $25.38.

According to the ETF Finder at ETF Channel, EFC makes up 1.87% of the SuperDividend U.S. ETF ( DIV) which is trading higher by about 0.2% on the day Monday.

In Monday trading, Ellington Financial LLC shares are currently up about 0.4% on the day.

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