Ellington Credit Co 8-K
Research Summary
AI-generated summary
Ellington Credit Company Declares $0.08 Monthly Dividend
What Happened Ellington Credit Company (NYSE: EARN) filed a Form 8-K on March 9, 2026 announcing that its Board of Trustees declared a monthly common dividend of $0.08 per share. The dividend is payable on April 30, 2026 to common shareholders of record as of March 31, 2026. The company furnished a press release about the dividend as Exhibit 99.1 to the 8-K.
The report was signed by Christopher Smernoff, Chief Financial Officer, and contains no additional financial results or material items beyond the dividend announcement.
Key Details
- Filing: Form 8-K filed March 9, 2026 (Item 8.01 Other Events).
- Dividend amount: $0.08 per common share (monthly).
- Record date: March 31, 2026.
- Payable date: April 30, 2026.
- Press release: Furnished as Exhibit 99.1 to the 8-K.
Why It Matters This is a routine cash distribution announcement that matters primarily to income-focused investors and shareholders monitoring payout timing. The monthly $0.08 payment annualizes to $0.96 per share (0.08 × 12); actual yield depends on EARN’s market price. The 8-K does not report new earnings or operational results—its sole material item is the dividend declaration and related press release.