Ellington Financial (EFC) has announced its upcoming dividend details, with an ex-dividend date set for May 30, 2025. The company declared a dividend of $0.130 per share, which is noticeably lower than the average of its last ten dividends, calculated at $0.283 per share. The announcement was made on May 7, 2025, and shareholders can expect the dividend payment on Jun 30, 2025. The previous dividend distribution occurred on Apr 25, 2025, with the same amount of $0.130 per share.
Recently,
has been the subject of several noteworthy reports. Over the past week, analyst Eric Hagen from BTIG maintained a Buy rating for the company, setting a price target of $13.50. This analysis reflects positive expectations for Ellington's market performance in the near term. As of late, the company's earnings are projected to grow by 21.01% within the coming year, rising from $1.38 to $1.67 per share, suggesting robust financial health and potential for increased investor returns. Analysts have highlighted Ellington Financial's Price to Earnings Ratio, providing insights into its valuation compared to the broader market.
Since the last update, there has been a significant shift in shareholder dynamics, with Janus Henderson Group PLC reducing its stake in Ellington Financial Inc. by 19.5% during the fourth quarter. This change in investment strategy could have implications for the company's stock performance and investor sentiment.
In conclusion, Ellington Financial presents a mixed picture with its current dividend strategy, lower than historical averages, alongside positive growth forecasts and strategic shifts from key investors. For those interested in capitalizing on the company's dividend offering, the ex-dividend date of May 30, 2025, marks the deadline for acquiring shares to receive the current dividend payout. Purchases made after this date will not qualify for the dividend distribution.
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