Ellington Financial's Series B Preferred Stock About To Put More Money In Your Pocket

Ellington Financial's 7.00% Series B preferred stock (EFC.PRD) will trade ex-dividend on 6/18/26 for a quarterly dividend of $0.4375, payable on 6/30/26. Based on the recent share price of $23.28, the dividend implies a yield of roughly 7.5%. The item is routine distribution timing news with limited expected market impact.

Analysis

Ellington Financial's 7.00% Series B preferred stock (EFC.PRD) will trade ex-dividend on 6/18/26 for a quarterly dividend of $0.4375, payable on 6/30/26. Based on the recent share price of $23.28, the dividend implies a yield of roughly 7.5%. The item is routine distribution timing news with limited expected market impact.