Looking at the universe of stocks we cover at Dividend Channel, on 8/28/13, Ellington Financial LLC (NYSE: EFC) will trade ex-dividend, for its quarterly dividend of $0.77, payable on 9/16/13. As a percentage of EFC's recent stock price of $22.42, this dividend works out to approximately 3.43%, so look for shares of Ellington Financial LLC to trade 3.43% lower — all else being equal — when EFC shares open for trading on 8/28/13.
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Below is a dividend history chart for EFC, showing historical dividends prior to the most recent $0.77 declared by Ellington Financial LLC:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from EFC is likely to continue, and whether the current estimated yield of 13.74% on annualized basis is a reasonable expectation of annual yield going forward.
The chart below shows the one year performance of EFC shares, versus its 200 day moving average:
Looking at the chart above, EFC's low point in its 52 week range is $21.12 per share, with $26.99 as the 52 week high point — that compares with a last trade of $22.40.
According to the ETF Finder at ETF Channel, EFC makes up 1.25% of the Dynamic Financial Sector Portfolio ETF (AMEX: PFI)which is trading up by about 0.2% on the day Monday.
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In Monday trading, Ellington Financial LLC shares are currently up about 0.6% on the day.
