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What Is Ellington Financial (EFC) Stock, And Is It Worth Your Investing Dollars?
The intriguing dividend stock has been gaining recent positive attention
Although dividends aren’t as sexy as doubling your money on a quick moving stock, they can be a slower but equal path to success. There are many stocks that offer payouts to shareholders on regular intervals, giving investors a variety of options to peruse. One with interesting upside is mortgage Real Estate Investment Trust (mREIT) Ellington Financial, Inc. (EFC), which currently offers a $0.13 per share dividend every month.
According to their website, Ellington Financial:
“Our primary objective is to generate attractive, risk-adjusted total returns for our stockholders by making investments that we believe compensate us appropriately for the associated risks. Ellington Financial invests in a diverse array of financial assets, including residential and commercial mortgage loans, residential and commercial mortgage-backed securities, consumer loans and asset-backed securities backed by consumer loans, collateralized loan obligations, non-mortgage and mortgage-related derivatives, strategic debt and equity investments in loan origination companies, and other strategic investments.”
