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Ellington Residential Mortgage REIT (Ellington Residential Mortgage REIT) Dividend Yield % : 14.27% (As of Apr. 25, 2024)


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What is Ellington Residential Mortgage REIT Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Ellington Residential Mortgage REIT is 14.27%.

Warning Sign:

Ellington Residential Mortgage REIT stock dividend yield is close to 2-year low.

The historical rank and industry rank for Ellington Residential Mortgage REIT's Dividend Yield % or its related term are showing as below:

EARN' s Dividend Yield % Range Over the Past 10 Years
Min: 3.87   Med: 12.8   Max: 27.79
Current: 14.27

During the past 12 years, the highest Dividend Yield of Ellington Residential Mortgage REIT was 27.79%. The lowest was 3.87%. And the median was 12.80%.

EARN's Dividend Yield % is ranked better than
92.58% of 836 companies
in the REITs industry
Industry Median: 7.08 vs EARN: 14.27

Ellington Residential Mortgage REIT's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.28.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ellington Residential Mortgage REIT is 2.59, which seems too high.

During the past 12 years, the highest Dividend Payout Ratio of Ellington Residential Mortgage REIT was 666.67. The lowest was 0.66. And the median was 1.26.

As of today (2024-04-25), the Forward Dividend Yield % of Ellington Residential Mortgage REIT is 14.27%.

Ellington Residential Mortgage REIT's Dividends per Share for the three months ended in Dec. 2023 was $0.24.

During the past 12 months, Ellington Residential Mortgage REIT's average Dividends Per Share Growth Rate was -7.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -5.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -6.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -5.70% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Ellington Residential Mortgage REIT was 13.10% per year. The lowest was -10.60% per year. And the median was -8.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Ellington Residential Mortgage REIT Dividend Yield % Historical Data

The historical data trend for Ellington Residential Mortgage REIT's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ellington Residential Mortgage REIT Dividend Yield % Chart

Ellington Residential Mortgage REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.88 8.59 11.36 14.96 15.66

Ellington Residential Mortgage REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.96 13.42 13.31 15.46 15.66

Competitive Comparison of Ellington Residential Mortgage REIT's Dividend Yield %

For the REIT - Mortgage subindustry, Ellington Residential Mortgage REIT's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ellington Residential Mortgage REIT's Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ellington Residential Mortgage REIT's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Ellington Residential Mortgage REIT's Dividend Yield % falls into.



Ellington Residential Mortgage REIT Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Ellington Residential Mortgage REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0802024-03-272024-03-292024-04-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.0802024-02-282024-02-292024-03-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.0802024-01-302024-01-312024-02-26Cash DividendmonthlyUSD:USD 1.000000
USD 0.0802023-12-282023-12-292024-01-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.0802023-11-292023-11-302023-12-26Cash DividendmonthlyUSD:USD 1.000000
USD 0.0802023-10-302023-10-312023-11-27Cash DividendmonthlyUSD:USD 1.000000
USD 0.0802023-09-282023-09-292023-10-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.0802023-08-302023-08-312023-09-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.0802023-07-282023-07-312023-08-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.0802023-06-292023-06-302023-07-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.0802023-05-302023-05-312023-06-26Cash DividendmonthlyUSD:USD 1.000000
USD 0.0802023-04-272023-04-282023-05-25Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Ellington Residential Mortgage REIT's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.96/6.72
=14.29 %

Current Share Price is $6.72.
Ellington Residential Mortgage REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.96.

Ellington Residential Mortgage REIT's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.96/6.72
=14.29 %

Current Share Price is $6.72.
Ellington Residential Mortgage REIT's Dividends per Share for the forward twelve months is calculated as $0.08 * 12 = $0.96.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ellington Residential Mortgage REIT  (NYSE:EARN) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Ellington Residential Mortgage REIT Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Ellington Residential Mortgage REIT's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ellington Residential Mortgage REIT (Ellington Residential Mortgage REIT) Business Description

Traded in Other Exchanges
Address
53 Forest Avenue, Old Greenwich, CT, USA, 06870
Ellington Residential Mortgage REIT is principally engaged in the business of acquiring, investing in, and managing residential mortgage- and real estate-related assets through its wholly-owned subsidiaries. The company's primary objective is to generate attractive current yields and risk-adjusted total returns for shareholders by investing in assets that compensate appropriately for the risks associated with them.
Executives
Mary E Mcbride director 6199 E. PRINCETON CIRCLE, ENGLEWOOD CO 80111
Blackstone Holdings Iii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Chukudi Melvin Ike director 53 FOREST AVENUE, OLD GREENWICH CT 06870
Ronald I Simon director 485 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10022
Laurence Penn director, officer: CEO and President 52 FOREST AVENUE, OLD GREENWICH CT 06870
John Herlihy officer: Chief Operating Officer 53 FOREST AVENUE, OLD GREENWICH CT 06870
Chris Smernoff officer: Chief Financial Officer 53 FOREST AVENUE, OLD GREENWICH CT 06870
Mark Tecotzky officer: Co-Chief Investment Officer 53 FOREST AVENUE, OLD GREENWICH CT 06870
Michael W Vranos director, officer: Co-Chief Investment Officer 52 FOREST AVENUE, OLD GREENWICH CT 06870
David Miller director 53 FOREST AVENUE, OLD GREENWICH CT 06870
Bto Earn Manager L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Tactical Opportunities Earn Holdings L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Stephen A Schwarzman 10 percent owner C/O BLACKSTONE INC., 345 PARK AVE, NEW YORK NY 10154
Btoa L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Iii Gp Management L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154