Ellington Financial's Series A Preferred Stock Shares Cross 9% Yield Mark
July 14, 2020 at 15:40 PM EDT
In trading on Tuesday, shares of Ellington Financial Inc's 6.750% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (EFC. RA) were yielding above the 9% mark based on its quarterly dividend (annualized to $1.6875), with shares changing hands as low as $18.53 on the day.