Core Insights - Most investors experience a delay of four quarters before receiving dividend checks, leading to frustration with their monthly budgets [1] Group 1 - Investors are often left wondering why their financial planning does not align with the timing of dividend payments [1]

Group 1 - The article does not provide any specific content related to a company or industry [1]

Core Viewpoint - Ellington Financial Inc. announced an estimated book value per share of common stock of $13.40 as of September 30, 2025, which reflects the impact of the upcoming monthly dividend payment [1] Group 1 - The estimated book value per share includes the effect of a previously announced monthly dividend of $0.13 per share [1] - The dividend is scheduled to be paid on October 31, 2025, to holders of record as of September 30, 2025 [1] - The ex-dividend date is the same as the record date, September 30, 2025 [1]

Core Points - Ellington Financial Inc. will release its financial results for Q3 2025 on November 5, 2025, after market close [1] - A conference call to discuss these results is scheduled for November 6, 2025, at 11:00 a.m. Eastern Time [1] - An investor presentation will be posted on the company's website after the financial results release [3] Company Overview - Ellington Financial invests in a diverse array of financial assets, including residential and commercial mortgage loans, mortgage-backed securities, reverse mortgage loans, and consumer loans [4] - The company is externally managed and advised by Ellington Financial Management LLC, an affiliate of Ellington Management Group, L.L.C. [4]

Core Viewpoint - The Zacks REIT and Equity Trust industry is experiencing volatility in mortgage rates due to macroeconomic uncertainty, leading to earnings pressure in the near term [1] Industry Overview - The Zacks REIT and Equity Trust industry consists of mortgage REITs (mREITs) that invest in and originate mortgages and mortgage-backed securities (MBS), providing mortgage credit for homeowners and businesses [3] - mREITs typically focus on either residential or commercial mortgage markets, with some investing in both through asset-backed securities [3] - Agency securities, backed by the federal government, are considered safer investments, limiting credit risks [3] - Key revenue metrics for mREITs include net interest margin, which is the spread between interest income on mortgage assets and funding costs [3] Current Challenges - The industry is facing dividend cuts as book values erode due to tightened mortgage spreads and expected higher interest rates, leading to earnings pressure for highly leveraged mREITs [4] - A conservative investment approach is likely to impede returns, as mREITs prioritize risk and liquidity management over growth [5] - Despite a recent Federal Reserve rate cut, mortgage rates remain below the 52-week average of 6.71%, which is driving renewed interest in purchase applications and refinancing activities [6] Industry Performance - The Zacks REIT and Equity Trust industry ranks 185, placing it in the bottom 24% of 243 Zacks industries, indicating underperformance in the near term [7] - The industry's current-year earnings estimate has decreased by 8.1% over the last year, reflecting a negative earnings outlook [8] - Over the past year, the industry has declined by 6.2%, while the broader Zacks Finance sector rose by 17.1% and the S&P 500 grew by 18.2% [10] Valuation Metrics - The industry is currently trading at a trailing 12-month price-to-book (P/BV) ratio of 1.00X, compared to the S&P 500's 8.8X [13] - The Zacks Finance sector's trailing 12-month P/BV is 4.32X, indicating that the REIT and Equity Trust industry is trading at a significant discount [15] Company Highlights - **Annaly Capital Management (NLY)**: Focuses on prudent asset selection and effective capital allocation, with a diversified investment strategy that includes Agency MBSs and non-agency assets [17][18]. The company's 2025 earnings are estimated at $2.89 per share, reflecting a 7% year-over-year increase [19] - **Apollo Commercial Real Estate Finance (ARI)**: Engages in originating and managing commercial mortgage loans, benefiting from a robust origination pipeline and disciplined capital recycling strategy [22][23]. The company's 2025 earnings estimates are $1.04 per share, indicating a 141.9% year-over-year increase [24] - **Ellington Financial (EFC)**: Invests in a diverse array of financial assets, including residential and commercial mortgage loans, and employs dynamic hedging strategies to manage risks [27][29]. The company's 2025 earnings estimates are $1.74 per share, reflecting a 19.2% year-over-year growth [30]

Core Viewpoint - Ellington Financial Inc. has successfully closed an offering of $400 million in senior unsecured notes with a 7.375% interest rate, maturing on September 30, 2030 [1] Group 1: Offering Details - The offering consists of $400 million in aggregate principal amount of senior unsecured notes [1] - The notes are due on September 30, 2030 and carry an interest rate of 7.375% [1] - The notes are senior unsecured obligations of certain subsidiaries of the Company, which are fully and unconditionally guaranteed by the Company [1] Group 2: Use of Proceeds - The Company plans to utilize the net proceeds from the offering for unspecified purposes [1]

Core Viewpoint - Ellington Financial Inc. has successfully priced an offering of $400 million in senior unsecured notes with a 7.375% interest rate, maturing in 2030 [1] Group 1: Offering Details - The offering consists of $400 million in aggregate principal amount of senior unsecured notes [1] - The notes will have a fixed interest rate of 7.375% and are due in 2030 [1] - The notes will be senior unsecured obligations of the Issuers and fully guaranteed by the Company [1] Group 2: Closing Information - The offering is expected to close on a specified date, which is not mentioned in the document [1]

Core Viewpoint - Ellington Financial Inc. plans to offer $400 million in senior unsecured notes due 2030, which will be fully guaranteed by the Company [1] Group 1 - The offering will be conducted through certain subsidiaries of the Company, referred to as the Issuers [1] - The Notes will represent senior unsecured obligations of the Issuers [1] - The net proceeds from the offering are expected to be used for general corporate purposes [1]

Core Viewpoint - Ellington Financial Inc. reported an estimated book value per share of common stock of $13.33 as of August 31, 2025, which reflects the impact of the upcoming monthly dividend payment [1] Financial Summary - The estimated book value includes the effect of a previously announced monthly dividend of $0.13 per share, scheduled to be paid on September 30, 2025 [1] - The record date for the dividend payment is August 29, 2025, with the same ex-dividend date [1]

Core Insights - Ellington Financial Inc. (NYSE:EFC) is recognized as one of the 10 safest monthly dividend stocks to buy [1] - The company operates as a specialty finance firm, investing in a diverse range of financial assets related to mortgages, consumers, and corporations [2] Financial Performance - For Q2 2025, Ellington Financial reported a GAAP net income of $0.45 per share, resulting in an annualized economic return of nearly 14% [3] - The book value per share increased to $13.49 during the same quarter [3] Investment Strategy - CEO Laurence Eric Penn highlighted the effectiveness of the company's credit hedging strategy, which was beneficial as credit spreads widened due to tariff uncertainties [4] - The firm successfully completed six securitizations at favorable levels during the quarter [4] Dividend Information - Ellington Financial offers a monthly dividend of $0.13 per share, with a dividend yield of 11.95% as of September 23 [5] - The company has maintained its dividend payouts for 15 consecutive years, reinforcing its status as a solid dividend company [5]