Ellington Residential Declares Monthly Common Dividend
Ellington Residential Mortgage REIT (NYSE: EARN) has declared a monthly common dividend of $0.08 per share. The dividend is payable on January 25, 2023 to shareholders on record as of December 30, 2022. This continues the company's commitment to providing returns to its shareholders through consistent dividend payments, a reflection of its confidence in managing residential mortgage-related assets.
- Monthly dividend of $0.08 per share declared, indicating ongoing shareholder returns.
- Dividend payment date of January 25, 2023, reinforces stable cash flow for investors.
- None.
Cautionary Statement Regarding Forward-Looking Statements
This press 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. Examples of forward-looking statements in this press release include statements regarding the Company's payment of dividends. Our results can fluctuate from month to month and quarter to quarter depending on a variety of factors, some of which are beyond our control and/or difficult to predict, including, without limitation, changes in interest rates, changes in default rates and prepayment speeds, and other changes in market and economic conditions, including changes resulting from the economic effects related to the COVID-19 pandemic, and associated responses to the pandemic. Our actual results may differ from our beliefs, expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Furthermore, forward-looking statements are subject to risks and uncertainties, including, among other things, those described under Item 1A to the Company's Annual Report on Form 10-K, which can be accessed through the link to our
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