Ellington Credit Dividend Information: Key Details Before Ex-Dividend Date May 30th, 2025

Ellington Credit (EARN) has announced a monthly dividend of $0.080 per share, with the ex-dividend date set for May 30th, 2025, and the payment date on Jun 30th, 2025. This dividend amount is lower compared to the average of the last ten dividends per share, which stands at $0.220. The dividend type is a cash dividend. Previously, the company distributed a similar dividend of $0.080 per share on Apr 25th, 2025, also classified as a cash dividend.

Recently, Ellington Credit has been in the spotlight due to various developments. Over the past week, analysts have noted that the company's earnings are expected to decrease by 3.42% in the next year, dropping from $1.17 to $1.13 per share. As of late, Ellington Credit Company (NYSE:EARN) is preparing to announce its Q1 earnings results on May 20th, 2025, after market close, with a consensus EPS estimate of $0.260. Market observers have also highlighted the company's successful conversion completion reported on Apr 1st, 2025, indicating potential operational improvements.

Since the last update, Ellington's agency mortgage strategy has shown promising results, generating positive portfolio income of approximately $2.55 million for 2025. Furthermore, in recent trading sessions, Ellington Residential Mortgage REIT shares started at $5.570 on May 23rd, 2025, reflecting market reactions to these developments. The company's dividend yield is currently at 17.20%, with $0.96 per share paid over the past year, maintaining a consistent monthly payout.

In conclusion, Ellington Credit is maintaining its monthly dividend distribution, with the ex-dividend date on May 30th, 2025, marking the last opportunity for investors to purchase shares and qualify for the dividend payout. Any acquisitions made after the ex-dividend date will not be eligible for this dividend.