Ellington Residential Mortgage Declares June 2025 Dividend

The latest announcement is out from Ellington Residential Mortgage ( (EARN) ).

On June 9, 2025, Ellington Credit Company announced that its Board of Trustees declared a monthly dividend of $0.08 per share, which will be payable on July 31, 2025, to shareholders of record as of June 30, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its investors, potentially impacting its market positioning and stakeholder interests positively.

The most recent analyst rating on (EARN) stock is a Buy with a $6.50 price target. To see the full list of analyst forecasts on Ellington Residential Mortgage stock, see the EARN Stock Forecast page.

Spark’s Take on EARN Stock

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

Ellington Residential Mortgage’s overall score reflects its mixed financial performance, with inconsistent revenue and cash flow but a stable balance sheet. Technical analysis indicates a currently weak stock trend, though valuation offers a high dividend yield. The absence of debt and strategic moves like the closed-end fund conversion are positive, but market volatility remains a risk.

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

More about Ellington Residential Mortgage

Ellington Credit Company is a non-diversified closed-end fund that aims to provide attractive current yields and risk-adjusted total returns by primarily investing in collateralized loan obligations (CLOs), focusing on mezzanine debt and equity tranches. The fund is externally managed and advised by an affiliate of Ellington Management Group, L.L.C., a leading fixed-income investment manager established in 1994.

Average Trading Volume: 703,725

Technical Sentiment Signal: Buy

Current Market Cap: $211.8M

For detailed information about EARN stock, go to TipRanks’ Stock Analysis page.