Ex-Div Reminder for Ellington Residential Mortgaging Real Estate Investment Trust (EARN)

Looking at the universe of stocks we cover at Dividend Channel, on 6/26/15, Ellington Residential Mortgaging Real Estate Investment Trust (EARN) will trade ex-dividend, for its quarterly dividend of $0.55, payable on 7/27/15. As a percentage of EARN's recent stock price of $15.44, this dividend works out to approximately 3.56%, so look for shares of Ellington Residential Mortgaging Real Estate Investment Trust to trade 3.56% lower — all else being equal — when EARN shares open for trading on 6/26/15.

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Below is a dividend history chart for EARN, showing historical dividends prior to the most recent $0.55 declared by Ellington Residential Mortgaging Real Estate Investment Trust:

EARN+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 EARN is likely to continue, and whether the current estimated yield of 14.25% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of EARN shares, versus its 200 day moving average:

Ellington Residential Mortgaging Real Estate Investment Trust 200 Day Moving Average Chart

Looking at the chart above, EARN's low point in its 52 week range is $14.85 per share, with $18.21 as the 52 week high point — that compares with a last trade of $15.44.

In Wednesday trading, Ellington Residential Mortgaging Real Estate Investment Trust shares are currently off about 0.1% on the day.

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