Ellington Financial 's Series A Preferred Stock Shares Cross 6.5% Yield Mark
June 17, 2021 at 14:16 PM EDT
In trading on Thursday, shares of Ellington Financial Inc's 6.750% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (EFC. RA) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.6875), with shares changing hands as low as $25.85 on the day.
