Ellington Financial has declared a dividend for the first quarter of 2013 of $0.77 per share. The payout on June 17 to shareholders of record at the close of business on May 31. That's the same payment Ellington made for the fourth quarter of 2012 when it also paid shareholders a special dividend of $0.75 per share. Prior to that the dividend had been at $0.70 per share.
Ellington's management expects to continue to pay quarterly dividends of $0.77 per share until conditions warrant otherwise.
The article Ellington Financial Keeps Q1 Dividend Steady at $0.77 originally appeared on Fool.com.Fool contributor Rich Duprey has no position in any stocks mentioned, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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