Ellington Residential Mortgage REIT (EARN) Plans Quarterly Dividend of $0.55
Ellington Residential Mortgage REIT (NASDAQ:EARN) declared a quarterly dividend on Tuesday, June 17th, American Banking News.com reports. Stockholders of record on Monday, June 30th will be given a dividend of 0.55 per share on Friday, July 25th. This represents a $2.20 dividend on an annualized basis and a yield of 12.69%.
Shares of Ellington Residential Mortgage REIT (NASDAQ:EARN) traded down 0.40% on Tuesday, hitting $17.34. The stock had a trading volume of 78,993 shares. Ellington Residential Mortgage REIT has a 1-year low of $13.89 and a 1-year high of $18.05. The stock has a 50-day moving average of $17.02 and a 200-day moving average of $16.55. The company’s market cap is $158.5 million.
Ellington Residential Mortgage REIT (NASDAQ:EARN) last released its earnings data on Tuesday, May 13th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.15.
Ellington Residential Mortgage REIT is a real estate investment trust. The Company is specializes in acquiring, investing in and managing residential mortgage- and real estate-related assets.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.