Ellington Residential Declares Monthly Common Dividend
08/04/2022 - 04:15 PM
OLD GREENWICH, Conn. --(BUSINESS WIRE)--
Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on September 26, 2022 to shareholders of record as of August 31, 2022 .
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical in nature and can be identified by words such as "anticipate," "estimate," "will," "should," "may," "expect," "project," "believe," "intend," "seek," "plan" and similar expressions or their negative forms, or by references to strategy, plans, or intentions. Examples of forward-looking statements in this press release include statements regarding the Company's payment of dividends. Our results can fluctuate from month to month and quarter to quarter depending on a variety of factors, some of which are beyond our control and/or difficult to predict, including, without limitation, changes in interest rates, changes in default rates and prepayment speeds, and other changes in market and economic conditions, including changes resulting from the economic effects related to the COVID-19 pandemic, and associated responses to the pandemic. Our actual results may differ from our beliefs, expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Furthermore, forward-looking statements are subject to risks and uncertainties, including, among other things, those described under Item 1A to the Company's Annual Report on Form 10-K, which can be accessed through the link to our SEC filings under "For Our Shareholders" on our website (www.earnreit.com ) or at the SEC's website (www.sec.gov ). Other risks, uncertainties, and factors that could cause actual results to differ materially from those projected may be described from time to time in reports we file with the SEC , including reports on Forms 10-Q, 10-K and 8-K. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
About Ellington Residential Mortgage REIT
Ellington Residential Mortgage REIT is a mortgage real estate investment trust that specializes in acquiring, investing in and managing residential mortgage- and real estate-related assets, with a primary focus on residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S. government agency or a U.S. government-sponsored enterprise. Ellington Residential Mortgage REIT is externally managed and advised by Ellington Residential Mortgage Management LLC , an affiliate of Ellington Management Group, L.L.C.
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Investors:
Ellington Residential Mortgage REIT
Investor Relations
(203) 409-3773
info@earnreit.com
or
Media:
Amanda Shpiner /Sara Widmann
Gasthalter & Co.
for Ellington Residential Mortgage REIT
(212) 257-4170
Ellington@gasthalter.com
Source: Ellington Residential Mortgage REIT
Ellington Residential Mortgage REIT
EARN Rankings
#3454 Ranked by Stock Gains
EARN Stock Data
Industry
Other Financial Vehicles
Sector
Finance and Insurance
Tags
Finance, Real Estate Investment Trusts, Finance and Insurance, Other Financial Vehicles
Country
US
City
Old Greenwich
About EARN
ellington residential mortgage reit, a real estate investment trust, specializes in acquiring, investing in, and managing residential mortgage-and real estate-related assets. it acquires and manages residential mortgage-backed securities (rmbs), including agency pools and agency collateralized mortgage obligations (cmos); and non-agency rmbs comprising non-agency cmos, such as investment grade and non-investment grade. the company has elected to be taxed as a real estate investment trust. as a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. ellington residential mortgage reit was founded in 2012 and is based in old greenwich, connecticut.