Ellington Financial Inc. (EFC) will begin trading ex-dividend on August 28, 2020. A cash dividend payment of $0.09 per share is scheduled to be paid on September 25, 2020. Shareholders who purchased EFC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that EFC has paid the same dividend. At the current stock price of $12.55, the dividend yield is 8.61%.
The previous trading day's last sale of EFC was $12.55, representing a -34.36% decrease from the 52 week high of $19.12 and a 287.25% increase over the 52 week low of $3.24.
EFC is a part of the Finance sector, which includes companies such as KE Holdings Inc (BEKE) and Invitation Homes Inc. (INVH). EFC's current earnings per share, an indicator of a company's profitability, is -$1.36. Zacks Investment Research reports EFC's forecasted earnings growth in 2020 as -25.27%, compared to an industry average of -.8%.
Interested in gaining exposure to EFC through an Exchange Traded Fund [ETF]?
The following ETF(s) have EFC as a top-10 holding:
- First Trust DJ Select MicroCap ETF (FDM)
- SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV).
The top-performing ETF of this group is FDM with an increase of 40.07% over the last 100 days. It also has the highest percent weighting of EFC at 1.38%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.