Ellington Financial LLC (NYSE:EFC) had declared a cash dividend of $0.5000 on Aug 1, 2016. The shares will quote ex-dividend on Aug 30, 2016 and the record date has been fixed for Sep 1, 2016. On Aug 1, 2016 share price, the yield comes out to be 11.5808%. The dividend payable date has been fixed on Sep 15, 2016.
Ellington Financial LLC (EFC) shares turned negative on Mondays trading session with the shares closing down -0.09 points or -0.51% at a volume of 50,433. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $17.61. The peak price level was also seen at $17.61 while the days lowest was $17.4401. Finally the shares closed at $17.46. The 52-week high of the shares is $18.95 while the 52-week low is $14.18. According to the latest information available, the market cap of the company is $573 M.
Ellington Financial LLC(EFC) last announced its earnings results on May 5, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $22.09M. Analysts had an estimated revenue of $22.01M. Earnings per share were $-0.69. Analysts had estimated an EPS of $0.48.
Ellington Financial LLC is a specialty finance Company that acquires and manages mortgage-related and other financial assets. The Company’s focused assets include residential mortgage-backed securities (RMBS) backed by prime jumbo Alternative A-paper (Alt-A) manufactured housing and subprime residential mortgage loans collectively referred to as non-Agency RMBS; RMBS for which the principal and interest payments are guaranteed by a United States government agency or a United States government-sponsored entity (Agency RMBS); residential mortgage loans; mortgage servicing rights (MSRs); mortgage-related derivatives; commercial mortgage-backed securities (CMBS) commercial mortgage loans and other commercial real estate debt; collateralized loan obligations (CLOs); consumer loans and asset-backed securities (ABS) backed by consumer and commercial assets and corporate debt and equity securities and derivatives.