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Ellington Financial Declares Monthly Common and Preferred Dividends

Story Highlights
  • On March 9, 2026, Ellington Financial declared common and preferred dividends.
  • The dividend declarations reinforce Ellington Financial’s income-focused strategy for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ellington Financial Declares Monthly Common and Preferred Dividends

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The latest update is out from Ellington Financial ( (EFC) ).

On March 9, 2026, Ellington Financial Inc. announced that its board declared a monthly cash dividend of $0.13 per share on its common stock, payable on April 30, 2026 to shareholders of record as of March 31, 2026. The board also declared quarterly cash dividends on the company’s Series B, Series C, and Series D preferred shares, with payments scheduled for March 30 and April 30, 2026 to holders of record in March.

The dividend actions underscore Ellington Financial’s continued cash distributions across both common and preferred equity classes, which is a key component of its value proposition as an income-oriented investment vehicle. These payouts provide ongoing income streams to common and preferred shareholders and signal the company’s intent, as of the March 9, 2026 announcement, to maintain regular capital returns amid its broader mortgage and credit investment strategy.

The most recent analyst rating on (EFC) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Ellington Financial stock, see the EFC Stock Forecast page.

Spark’s Take on EFC Stock

According to Spark, TipRanks’ AI Analyst, EFC is a Neutral.

The score is held back primarily by high balance-sheet leverage and weak/uneven cash-flow conversion, alongside bearish technical momentum. Offsetting these, valuation is supported by a modest P/E and high dividend yield, and the latest earnings call indicated improving funding flexibility and dividend coverage, though with continued margin and leverage headwinds.

To see Spark’s full report on EFC stock, click here.

More about Ellington Financial

Ellington Financial Inc., listed on the NYSE as EFC, is an externally managed specialty finance company that invests in a broad range of financial assets. Its portfolio spans residential and commercial mortgage loans and mortgage-backed securities, reverse mortgages, mortgage servicing rights, consumer loans, asset-backed securities, CLOs, derivatives, and strategic debt and equity stakes in loan origination firms.

The company focuses on generating returns from structured credit and mortgage-related assets, aiming to capitalize on opportunities across real estate and consumer credit markets. Ellington Financial is advised by Ellington Financial Management LLC, an affiliate of Ellington Management Group, positioning it within a wider platform of credit and mortgage investment expertise.

Average Trading Volume: 2,090,438

Technical Sentiment Signal: Buy

Current Market Cap: $1.5B

See more data about EFC stock on TipRanks’ Stock Analysis page.

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