Reminder - Ellington Financial (EFC) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 5/28/15, Ellington Financial LLC ( EFC) will trade ex-dividend, for its quarterly dividend of $0.65, payable on 6/15/15. As a percentage of EFC's recent stock price of $20.52, this dividend works out to approximately 3.17%, so look for shares of Ellington Financial LLC to trade 3.17% lower — all else being equal — when EFC shares open for trading on 5/28/15.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for EFC, showing historical dividends prior to the most recent $0.65 declared by Ellington Financial LLC:


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 12.67% 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 $19.43 per share, with $25.58 as the 52 week high point — that compares with a last trade of $20.52.

In Tuesday trading, Ellington Financial LLC shares are currently up about 0.1% on the day.

If you liked this article you might like

3 Hold-Rated Dividend Stocks: EFC, RWT, HTGC

3 Hold-Rated Dividend Stocks: FSFR, WHF, EFC

3 Hold-Rated Dividend Stocks: EFC, SOHO, FIG

What To Hold: 3 Hold-Rated Dividend Stocks EFC, SSI, MN

3 Hold-Rated Dividend Stocks: WPT, SSI, EFC