Current Report: Ellington Financial May Gain 22.76% & Pay Monthly Dividends This Year

Ellington Financial is projected to deliver a 22.76% total return this year, fueled by reliable monthly dividends and a $14.62 price target.

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Source: DepositPhotos

The company was founded in 2007 and is headquartered in Old Greenwich, CT.

Ellington Financial (EFC) provides investment services through its Investment Portfolio and Longbridge business segments.

Three key data points gauge EFC (or any dividend-paying entity):

1) Price 

(2) Dividends

(3) Returns

Those three keys also indicate if any company has made, is making, and will make money.

EFC Price

Ellington Financial’s single share price increased $0.16 (or just over 18.7%) from $13.02 to $13.18 in the past year, per Monday’s opening market report.

Eight analysts cover the stock, and the median of their one-year price targets showed a $1.44 estimated price gain to $14.62, which I’ll use to calculate returns after I discuss dividends.  

EFC Dividends

Ellington Financial paid variable quarterly dividends from December 2010 to 2019, when it began paying dividends monthly. The most recent M payout from April 2026 was $0.13, equating to $1.56 annually.

EFC Returns

Putting it all together, as of May 4 a possible gross gain of $3.00 was projected by the $1.44 per annual gain added to the $1.56 annual dividend paid monthly.

A little over $1000 invested in EFC at Monday’s $13.18 opening share price would buy 76 shares which multiply the $3.00 gross gain to $227.62 for the coming year, or 22.76%.

One dividend dogcatcher rule is to only buy initial shares of a dividend stock that pay an annual dividend (from $1000 invested) that is more than the cost of a single share.

EFC’s annual dividend from $1K invested is $117.80. So EFC shows a dividend from $1,000 invested over 8.5 times its $13.18 single share price.

The exact track of EFC’s future share price and dividend will entirely be determined by market action and company finances.  

Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares.

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