GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ellington Credit Co (FRA:73Z) » Definitions » Dividend Yield %

Ellington Credit Co (FRA:73Z) Dividend Yield % : 13.75% (As of Dec. 11, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Ellington Credit Co Dividend Yield %?

As of today (2024-12-11), the Trailing Annual Dividend Yield of Ellington Credit Co is 13.75%.

Warning Sign:

Ellington Credit Co stock dividend yield is close to 2-year low.

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

FRA:73Z' s Dividend Yield % Range Over the Past 10 Years
Min: 8.31   Med: 13.31   Max: 27.79
Current: 13.75

During the past 12 years, the highest Dividend Yield of Ellington Credit Co was 27.79%. The lowest was 8.31%. And the median was 13.31%.

FRA:73Z's Dividend Yield % is ranked better than
94.75% of 1182 companies
in the Asset Management industry
Industry Median: 5.755 vs FRA:73Z: 13.75

Ellington Credit Co's Dividend Payout Ratio for the three months ended in Sep. 2024 was 1.14.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ellington Credit Co is 0.86, which seems too high.

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

As of today (2024-12-11), the Forward Dividend Yield % of Ellington Credit Co is 14.08%.

Ellington Credit Co's Dividends per Share for the three months ended in Sep. 2024 was €0.22.

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 Credit Co 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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Ellington Credit Co Dividend Yield % Historical Data

The historical data trend for Ellington Credit Co'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 Credit Co Dividend Yield % Chart

Ellington Credit Co 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 - 9.28 10.88 15.46 15.83

Ellington Credit Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 15.39 15.83 14.18 13.77 14.32

Competitive Comparison of Ellington Credit Co's Dividend Yield %

For the Asset Management subindustry, Ellington Credit Co'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 Credit Co's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ellington Credit Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Ellington Credit Co's Dividend Yield % falls into.



Ellington Credit Co Dividend Yield % Calculation

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

Ellington Credit Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0800002024-11-292024-11-292024-12-26Cash DividendmonthlyUSD:EUR 0.942000
USD 0.0800002024-10-312024-10-312024-11-25Cash DividendmonthlyUSD:EUR 0.918000
USD 0.0800002024-09-302024-09-302024-10-25Cash DividendmonthlyUSD:EUR 0.901000
USD 0.0800002024-08-302024-08-302024-09-25Cash DividendmonthlyUSD:EUR 0.907000
USD 0.0800002024-07-312024-07-312024-08-26Cash DividendmonthlyUSD:EUR 0.922000
USD 0.0800002024-06-282024-06-282024-07-25Cash DividendmonthlyUSD:EUR 0.929000
USD 0.0800002024-05-312024-05-312024-06-25Cash DividendmonthlyUSD:EUR 0.925000
USD 0.0800002024-04-292024-04-302024-05-28Cash DividendmonthlyUSD:EUR 0.932000
USD 0.0800002024-03-272024-03-292024-04-25Cash DividendmonthlyUSD:EUR 0.920000
USD 0.0800002024-02-282024-02-292024-03-25Cash DividendmonthlyUSD:EUR 0.927000
USD 0.0800002024-01-302024-01-312024-02-26Cash DividendmonthlyUSD:EUR 0.918000
USD 0.0800002023-12-282023-12-292024-01-25Cash DividendmonthlyUSD:EUR 0.917000

* 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 Credit Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.88464/6.45
=13.72 %

Current Share Price is €6.45.
Ellington Credit Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.88464.

Ellington Credit Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.90432/6.45
=14.02 %

Current Share Price is €6.45.
Ellington Credit Co's Dividends per Share for the forward twelve months is calculated as €0.07536 * 12 = €0.90432.

* 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 Credit Co  (FRA:73Z) 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 Credit Co Dividend Yield % Related Terms

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


Ellington Credit Co Business Description

Traded in Other Exchanges
Address
53 Forest Avenue, Old Greenwich, CT, USA, 06870
Ellington Credit Co is focused on corporate collateralized loan obligations (CLOs). It focuses on acquiring, investing in, and managing secondary CLO mezzanine debt and equity tranches. The company relies on strong risk management, including disciplined liquidity management and selective use of credit hedges, to preserve book value during times of stress. It also leverages Ellington's proprietary technology, analytics and risk management systems to enhance underwriting and investment selection and to guide ongoing portfolio monitoring and surveillance.

Ellington Credit Co Headlines

No Headlines