Ellington Financial's Series A Preferred Stock Yield Pushes Past 8%
October 20, 2020 at 14:04 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 8% mark based on its quarterly dividend (annualized to $1.6875), with shares changing hands as low as $20.97 on the day.