Ellington Financial LLC Announces Fourth Quarter Dividend of $0.65 Per Share
(1) For U.S. federal income tax purposes, the fourth quarter 2014 dividend will be treated as a capital distribution to shareholders of record as of
For tax withholding purposes, the distribution consists of the following components:
Amount of Dividend |
||||
Interest Income (U.S.) that qualifies for the Portfolio Interest exception (1) |
$ |
0.6458 |
||
Other interest income (2) |
$ |
0.0042 |
||
Total Distribution Per Unit (3) |
$ |
0.6500 |
(1) As described in Section 871 (h) of the Internal Revenue Code ("the Code").
(2) Subject to withholding under Section 1441 of the Code.
(3) No portion of this distribution represents U.S.-sourced dividend income or income effectively connected with a U.S. trade or business. Notwithstanding the foregoing, some portion of future dividends may represent U.S.-sourced dividend income or income effectively connected with a U.S. trade or business.
The Company does not provide advice on tax matters to its shareholders or to broker/nominees who hold the Company's shares on behalf of their customers. The information above is provided for informational purposes only, is subject to change as more definitive information is obtained by the Company, and does not constitute tax advice. Non-U.S. holders of the Company's common shares and broker/nominees who hold shares on behalf of such holders are strongly urged to consult with their own tax advisors with regard to the U.S. federal income tax consequences of the dividends paid by the Company. This information is not intended to, and cannot, be used by any taxpayer to avoid penalties that may be imposed under U.S. federal income tax law.
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 involve numerous risks and uncertainties. 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. Forward-looking statements are not historical in nature and can be identified by words such as "believe," "expect," "anticipate," "estimate," "project," "plan," "continue," "intend," "should," "would," "could," "goal," "objective," "will," "may," "seek" or 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 intended dividend policy. The Company's results can fluctuate from month to month and from quarter to quarter depending on a variety of factors, some of which are beyond the Company's control and/or are difficult to predict, including, without limitation, changes in interest rates and the market value of the Company's securities, changes in mortgage default rates and prepayment rates, the Company's ability to borrow to finance its assets, changes in government regulations affecting the Company's business, the Company's ability to maintain its exemption from registration under the Investment Company Act of 1940 and other changes in market conditions and economic trends. Furthermore, forward-looking statements are subject to risks and uncertainties, including, among other things, those described under Item 1A of our Annual Report on Form 10-K filed on
About
Investor Contact:
Media Contact:
Logo - http://photos.prnewswire.com/prnh/20140206/NE60788LOGO
SOURCE