Ex-Div Reminder for Ellington Financial (EFC)

Looking at the universe of stocks we cover at Dividend Channel, on 2/28/18, Ellington Financial LLC (EFC) will trade ex-dividend, for its quarterly dividend of $0.41, payable on 3/15/18. As a percentage of EFC's recent stock price of $15.02, this dividend works out to approximately 2.73%, so look for shares of Ellington Financial LLC to trade 2.73% lower — all else being equal — when EFC shares open for trading on 2/28/18.

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Below is a dividend history chart for EFC, showing historical dividends prior to the most recent $0.41 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 10.92% 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 $14.19 per share, with $17 as the 52 week high point — that compares with a last trade of $15.02.

According to the ETF Finder at ETF Channel, EFC makes up 1.34% of the SuperDividend U.S. ETF ( DIV) which is trading up by about 0.2% on the day Monday.

In Monday trading, Ellington Financial LLC shares are currently up about 0.3% on the day.

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