Ellington Financial Inc. announced that Management expects to recommend to board of directors a reduction of the monthly dividend from $0.15 to $0.13 per share, beginning in March, which would imply a dividend yield of 12.8% based on the February 23, 2024 closing stock price of $12.16 per share.
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- Ellington Financial Inc. Recommends Reduction of the Monthly Dividend Beginning in March