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Ellington Financial (Ellington Financial) 5-Year Yield-on-Cost % : 9.99 (As of May. 12, 2024)


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What is Ellington Financial 5-Year Yield-on-Cost %?

Ellington Financial's yield on cost for the quarter that ended in Dec. 2023 was 9.99.


The historical rank and industry rank for Ellington Financial's 5-Year Yield-on-Cost % or its related term are showing as below:

EFCRP.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 6.34   Med: 13.79   Max: 48.65
Current: 9.99


During the past 13 years, Ellington Financial's highest Yield on Cost was 48.65. The lowest was 6.34. And the median was 13.79.


EFCRP.PFD's 5-Year Yield-on-Cost % is ranked better than
93.65% of 835 companies
in the REITs industry
Industry Median: 6.96 vs EFCRP.PFD: 9.99

Competitive Comparison of Ellington Financial's 5-Year Yield-on-Cost %

For the REIT - Mortgage subindustry, Ellington Financial's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 Financial's 5-Year Yield-on-Cost % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ellington Financial's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Ellington Financial's 5-Year Yield-on-Cost % falls into.



Ellington Financial 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Ellington Financial is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Ellington Financial  (NYSE:EFCRP.PFD) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Ellington Financial 5-Year Yield-on-Cost % Related Terms

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Ellington Financial (Ellington Financial) Business Description

Traded in Other Exchanges
Address
53 Forest Avenue, Old Greenwich, CT, USA, 06870
Ellington Financial Inc is a specialty finance company. Its primary investment objective is to generate attractive, risk-adjusted total returns for its shareholders by making investments. the Company has two reportable segments; The Investment Portfolio Segment is focused on investing in a diverse array of financial assets, including residential and commercial mortgage loans, residential mortgage-backed securities, non-mortgage- and mortgage-related derivatives, debt and equity investments in loan origination companies, and other strategic investments, and The Longbridge Segment is focused on the origination and servicing of reverse mortgage loans. it acquires reverse mortgage loans both through its origination activities and through secondary market purchases.