Ellington Financial Declares Inaugural Monthly Dividend of $0.14 Per Share
“With the completion of our conversion to a REIT, we have decided to
shift to a monthly dividend. We believe that the increased frequency of
distributions will benefit our investors as well as attract new
investors,” said
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. The Company's actual results may
differ from its 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 payment schedule. 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 exclusion from registration under the Investment
Company Act of 1940, the Company’s ability to qualify and maintain its
qualification as a real estate investment trust, or "REIT," 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 the
Company's Annual Report on Form 10-K filed on
About
View source version on businesswire.com: https://www.businesswire.com/news/home/20190311005875/en/
Source:
Investors:
Ellington Financial
Investor Relations, 203-409-3575
info@ellingtonfinancial.com
or
Media:
Gasthalter
& Co., for Ellington Financial
Amanda Klein / Kevin FitzGerald,
212-257-4170
ellington@gasthalter.com