Ellington Credit Company Aktie News

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we" or the "Fund") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on July 31, 2026 to common shareholders of record as of June 30, 2026. Cautionary Statement Regarding Forward-Looking Statements This release contains forward-looking statements within the ...

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we") today reported financial results for the quarter ended March 31, 2026. Highlights Net asset value (NAV) per share was $4.09 as of March 31, 2026, which includes the effects of distributions of $0.24 per share for the quarter. GAAP net loss was $(32.3) million or $(0.86) per share. Net investment income ("NII") w...

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we" or the "Fund") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on June 30, 2026 to common shareholders of record as of May 29, 2026. Cautionary Statement Regarding Forward-Looking Statements This release contains forward-looking statements within the m...

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the "Company") today announced that it will release financial results for the quarter ended March 31, 2026 after market close on Tuesday, May 19, 2026. The Company will host a conference call to discuss its financial results at 11:00 a.m. Eastern Time on Wednesday, May 20, 2026. To participate in the event by telephon...

Ellington Credit Company (EARN) launched ELLA, an 8.50% baby bond maturing in 2031, currently priced near par with an 8.86% YTM. EARN's NAV per share has declined 25% over the past year, yet the common trades at a premium, signaling potential overvaluation versus peers. Dividend coverage is currently adequate, but NII below distributions indicates a dividend cut is likely.

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we" or the "Fund") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on May 29, 2026 to common shareholders of record as of April 30, 2026. Cautionary Statement Regarding Forward-Looking Statements This release contains forward-looking statements within the ...

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the “Fund”) today announced the closing of its previously announced underwritten public offering of $50.0 million aggregate principal amount of 8.50% notes due 2031 (the "2031 Notes"). The Fund further announced that the underwriters partially exercised their over-allotment option and purchased an additional $4.0 mill...

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the “Fund”) today announced the pricing of an underwritten public offering of $50 million aggregate principal amount of 8.50% notes due 2031 (the “2031 Notes”). The 2031 Notes will mature on March 30, 2031, and may be redeemed in whole or in part at the Fund's option on or after March 30, 2028. The 2031 Notes have bee...