Ellington Credit Declares Monthly Common Dividend
Ellington Credit (NYSE: EARN) has declared a monthly common dividend of $0.08 per share, scheduled for payment on May 27, 2025, to shareholders of record as of April 30, 2025.
The company has implemented a Dividend Reinvestment Plan (DRP) following its recent conversion to a closed-end fund registered under the Investment Company Act of 1940. The DRP automatically reinvests cash distributions unless shareholders or their brokers specifically opt to receive cash before the record date.
For detailed information about the DRP, shareholders can refer to the Fund's Current Report on Form 8-K or Registration Statement on Form N-2, both filed on April 1, 2025.
Ellington Credit (NYSE: EARN) ha dichiarato un dividendo mensile comune di $0.08 per azione, previsto per il pagamento il 27 maggio 2025, agli azionisti registrati al 30 aprile 2025.
L'azienda ha implementato un Piano di Reinserimento Dividendi (DRP) a seguito della sua recente conversione in un fondo chiuso registrato ai sensi dell'Investment Company Act del 1940. Il DRP reinveste automaticamente le distribuzioni in contante, a meno che gli azionisti o i loro broker non scelgano specificamente di ricevere contante prima della data di registrazione.
Per informazioni dettagliate sul DRP, gli azionisti possono fare riferimento al Rapporto Attuale del Fondo sul Modulo 8-K o alla Dichiarazione di Registrazione sul Modulo N-2, entrambi depositati il 1 aprile 2025.
Ellington Credit (NYSE: EARN) ha declarado un dividendo común mensual de $0.08 por acción, programado para pago el 27 de mayo de 2025, a los accionistas registrados al 30 de abril de 2025.
La compañía ha implementado un Plan de Reinversión de Dividendos (DRP) tras su reciente conversión en un fondo cerrado registrado bajo la Ley de Compañías de Inversión de 1940. El DRP reinvierte automáticamente las distribuciones en efectivo a menos que los accionistas o sus corredores opten específicamente por recibir efectivo antes de la fecha de registro.
Para información detallada sobre el DRP, los accionistas pueden referirse al Informe Actual del Fondo en el Formulario 8-K o a la Declaración de Registro en el Formulario N-2, ambos presentados el 1 de abril de 2025.
엘링턴 크레딧 (NYSE: EARN)는 2025년 4월 30일 기준 주주에게 2025년 5월 27일 지급 예정인 주당 $0.08의 월간 보통 배당금을 선언했습니다.
회사는 1940년 투자회사법에 따라 등록된 폐쇄형 펀드로 최근 전환된 후 배당 재투자 계획(DRP)을 시행했습니다. DRP는 주주나 그들의 중개인이 특정적으로 현금을 수령하기로 선택하지 않는 한 현금 배당금을 자동으로 재투자합니다.
DRP에 대한 자세한 정보는 주주가 2025년 4월 1일에 제출된 8-K 양식의 펀드 현재 보고서 또는 N-2 양식의 등록신청서를 참조할 수 있습니다.
Ellington Credit (NYSE: EARN) a déclaré un dividende commun mensuel de 0,08 $ par action, prévu pour paiement le 27 mai 2025, aux actionnaires enregistrés au 30 avril 2025.
L'entreprise a mis en place un Plan de Réinvestissement des Dividendes (DRP) suite à sa récente conversion en fonds fermé enregistré en vertu de la Loi de 1940 sur les sociétés d'investissement. Le DRP réinvestit automatiquement les distributions en espèces, sauf si les actionnaires ou leurs courtiers choisissent spécifiquement de recevoir des espèces avant la date d'enregistrement.
Pour des informations détaillées sur le DRP, les actionnaires peuvent se référer au Rapport Actuel du Fonds sur le Formulaire 8-K ou à la Déclaration d'Enregistrement sur le Formulaire N-2, tous deux déposés le 1er avril 2025.
Ellington Credit (NYSE: EARN) hat eine monatliche Dividende von $0.08 pro Aktie erklärt, die am 27. Mai 2025 an die zum 30. April 2025 registrierten Aktionäre ausgezahlt werden soll.
Das Unternehmen hat einen Dividenden-Reinvestitionsplan (DRP) eingeführt, nachdem es kürzlich in einen geschlossenen Fonds umgewandelt wurde, der gemäß dem Investment Company Act von 1940 registriert ist. Der DRP reinvestiert automatisch Barverteilungen, es sei denn, die Aktionäre oder ihre Broker entscheiden sich ausdrücklich dafür, vor dem Stichtag Bargeld zu erhalten.
Für detaillierte Informationen zum DRP können Aktionäre den aktuellen Bericht des Fonds auf dem Formular 8-K oder die Registrierungserklärung auf dem Formular N-2 einsehen, die beide am 1. April 2025 eingereicht wurden.
- Monthly dividend payment of $0.08 per share maintained
- Implementation of automated Dividend Reinvestment Plan (DRP) offering shareholders flexible distribution options
- None.
As previously announced, in connection with its recently completed conversion to a closed-end fund registered under the Investment Company Act of 1940, the Fund has implemented a Dividend Reinvestment Plan (the "DRP"). The DRP provides for automatic reinvestment of cash distributions, unless prior to the related record date a shareholder (or the broker holding its shares) elects to receive cash. Please see the Fund's Current Report on Form 8-K or Registration Statement on Form N-2, each filed on April 1, 2025, for more information on the DRP.
Cautionary Statement Regarding Forward-Looking Statements
This 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 are not historical in nature and can be identified by words such as "anticipate," "estimate," "will," "should," "may," "expect," "project," "believe," "intend," "seek," "plan" and similar expressions or their negative forms, or by references to strategy, plans, or intentions. Forward-looking statements are based on our beliefs, assumptions and expectations of our future operations, business strategies, performance, financial condition, liquidity and prospects, taking into account information currently available to us. These beliefs, assumptions, and expectations are subject to numerous risks and uncertainties and can change as a result of many possible events or factors, not all of which are known to us. If a change occurs, our business, financial condition, liquidity, results of operations and strategies may vary materially from those expressed or implied in our forward-looking statements. The following factors are examples of those that could cause actual results to vary from those stated or implied by our forward-looking statements: changes in interest rates and the market value of our investments, market volatility, changes in the default rates on corporate loans, our ability to borrow to finance our assets, changes in government regulations affecting our business, a deterioration in the market for collateralized loan obligations, our ability to adapt to the new regulatory regime associated with our conversion to a closed-end fund/RIC, potential business disruption related to our conversion to a closed-end fund/RIC, ability to achieve the anticipated benefits of our conversion to a closed-end fund/RIC, the acceptance by the IRS of the proposed change to our tax year, and other changes in market conditions and economic trends, such as changes to fiscal or monetary policy, heightened inflation, increased tariffs, slower growth or recession, and currency fluctuations. Furthermore, as stated above, forward-looking statements are subject to numerous risks and uncertainties, including, among other things, those described under the heading “Risk Factors” in our Registration Statement on Form N-2, which can be accessed through the link to our SEC filings under "For Investors" on our website (at www.ellingtoncredit.com) or at the SEC's website (www.sec.gov). Other risks, uncertainties, and factors that could cause actual results to differ materially from those projected or implied may be described from time to time in reports we file with the SEC, and is not possible for us to predict or identify them all. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
This release and the information contained herein do not constitute an offer of any securities or solicitation of an offer to purchase securities.
About Ellington Credit Company
Ellington Credit Company (NYSE: EARN) is an externally managed, non-diversified closed-end fund that seeks to provide attractive current yields and risk-adjusted total returns by investing primarily in collateralized loan obligations (CLOs), with a focus on mezzanine debt and equity tranches. The Fund is externally managed and advised by an affiliate of Ellington Management Group, L.L.C., a leading fixed-income investment manager founded in 1994. The Fund benefits from Ellington’s extensive experience and deep expertise in portfolio management, credit analysis, and risk management.
For additional information, visit www.ellingtoncredit.com.
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Investors:
Ellington Credit Company
Investor Relations
(203) 409-3773
info@ellingtoncredit.com
or
Media:
Amanda Shpiner/Grace Cartwright
Gasthalter & Co.
for Ellington Credit Company
(212) 257-4170
Ellington@gasthalter.com
Source: Ellington Credit Company
FAQ
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