SmarterDividends
EFC

Ellington Financial Inc.

EFC

Real Estate · Stock · monthly payer

Forward Yield

11.54%

Annual Dividend

$1.56

Payout Ratio

96%

5-Yr Growth

7.6%

Ex-Date

May 29, 2026

Frequency

Monthly

EFC Dividend Safety Score

48/ 100
Grade D

Risky

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2024
Earnings payout coverage96% of earnings paid out
Balance-sheet strengthDebt/equity of 9.06
Yield vs its historyYield in line with its history

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 EFC a good dividend stock?

Mixed

Ellington Financial Inc. (EFC) pays a monthly dividend yielding 11.54% ($1.56/yr), with 1 year 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

  • Strong 7.6% 5-yr dividend growth

Risks

  • Cut its dividend in 2024
  • Elevated payout ratio (96%)
  • 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
11.54%
Payout Ratio
96%
Annual Dividend
$1.56
5-Yr Avg Growth
7.6%
Ex-Dividend Date
May 29, 2026
Years of Growth
1
Frequency
monthly
Beta
0.93
Market Cap
$1.7B
P/E Ratio
8.3
5-Yr Total Return
-29%
52-Week Range
$11.28 – $14.12
Dividend Safety
D · 48/100
Ever Cut?
Yes (2024)
EFC ex-dividend date & scheduleNext ex-date May 29, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.56 / yr per share

Per payment (monthly)$13.00
Annual$156.00
Monthly avg$13.00