Ellington Credit Company
EARNFinancial Services · Stock · monthly payer
$4.73
Add to PortfolioForward Yield
20.25%
Annual Dividend
$0.96
Payout Ratio
0%
5-Yr Growth
-22.2%
Ex-Date
May 29, 2026
Frequency
Monthly
EARN Dividend Safety Score
49/ 100
Grade D
Risky
Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2022
Earnings payout coverageNegative earnings
Balance-sheet strengthDebt/equity of 1.43
Yield vs its historyYield is 1.5× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is EARN a good dividend stock?
MixedEllington Credit Company (EARN) pays a monthly dividend yielding 20.25% ($0.96/yr), with 3 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2022
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 20.25%
- Payout Ratio
- 0%
- Annual Dividend
- $0.96
- 5-Yr Avg Growth
- -22.2%
- Ex-Dividend Date
- May 29, 2026
- Years of Growth
- 3
- Frequency
- monthly
- Beta
- 1.27
- Market Cap
- $177.7M
- P/E Ratio
- 16.9
- 5-Yr Total Return
- -60%
- 52-Week Range
- $4.27 – $6.08
- Dividend Safety
- D · 49/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 29, 2026 | — | $0.0800 | regular |
| Apr 30, 2026 | — | $0.0800 | regular |
| Mar 31, 2026 | — | $0.0800 | regular |
| Feb 27, 2026 | — | $0.0800 | regular |
| Jan 30, 2026 | — | $0.0800 | regular |
| Dec 31, 2025 | — | $0.0800 | regular |
| Nov 28, 2025 | — | $0.0800 | regular |
| Oct 31, 2025 | — | $0.0800 | regular |
| Sep 30, 2025 | — | $0.0800 | regular |
| Aug 29, 2025 | — | $0.0800 | regular |
| Jul 31, 2025 | — | $0.0800 | regular |
| Jun 30, 2025 | — | $0.0800 | regular |
| May 30, 2025 | — | $0.0800 | regular |
| Apr 30, 2025 | — | $0.0800 | regular |
Income Calculator
At $0.96 / yr per share
Per payment (monthly)$8.00
Annual$96.00
Monthly avg$8.00
