Ellington Financial Inc. (NYSE: EFC) has announced its dividends for the upcoming period, showing changes in various dividends compared to the previous period. The company's board of directors declared a monthly dividend of $0.13 per share of common stock, payable on July 25, 2024, to common stockholders of record as of June 28, 2024. This represents a change from the previous period.
For the company's preferred stock, there are also changes in the dividends. The quarterly dividend on the 6.750% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock is $0.421875 per share, payable on July 30, 2024, to Series A preferred stockholders of record as of June 28, 2024. Additionally, the quarterly dividend on the 6.250% Series B Fixed-Rate Reset Cumulative Redeemable Preferred Stock is $0.390625 per share, payable on July 30, 2024, to Series B preferred stockholders of record as of June 28, 2024. Furthermore, the quarterly dividend on the 8.625% Series C Fixed-Rate Reset Cumulative Redeemable Preferred Stock is $0.5390625 per share, payable on July 30, 2024, to Series C preferred stockholders of record as of June 28, 2024.
The company also declared dividends for its 7.00% Series D Cumulative Perpetual Redeemable Preferred Stock and the Series E Floating Rate Cumulative Redeemable Preferred Stock. The quarterly dividend for the Series D preferred stock is $0.4375 per share, payable on July 1, 2024, to series D preferred stockholders of record as of June 20, 2024. Lastly, the quarterly dividend for the Series E preferred stock is $0.717053 per share, payable on July 1, 2024, to Series E preferred stockholders of record as of June 20, 2024.
These changes in dividends across the common and preferred stock reflect the company's financial performance and its commitment to providing returns to its shareholders. The market has reacted to these announcements by moving the company's shares -0.1% to a price of $11.91. For the full picture, make sure to review Ellington Financial's 8-K report.
