Ellington Credit Co

Ellington Credit Company reported financial results for the quarter ended June 30, 2026, with a net asset value (NAV) per share of $4.18. The company achieved GAAP net income of $12.3 million, or $0.33 per share, and net investment income (NII) of $6.1 million, or $0.16 per share. Management highlighted successful portfolio repositioning in response to earlier market dislocation, leading to an 8% non-annualized economic return and enhanced future earnings capacity. The company also received $17.6 million in recurring cash distributions from its CLO portfolio and raised $2.6 million through equity issuance.

Ellington Credit Company announced that its Board of Trustees declared a monthly common distribution of $0.08 per share. This dividend is scheduled to be paid on September 30, 2026, to shareholders of record as of August 31, 2026.

Ellington Credit Company announced that its Board of Trustees declared a monthly common dividend of $0.08 per share. This dividend is scheduled to be paid on July 31, 2026, to shareholders who are on record as of June 30, 2026. The announcement was made via a press release on June 8, 2026.

Ellington Credit Company reported a GAAP net loss of $(32.3) million, or $(0.86) per share, for the quarter ended March 31, 2026. Net asset value (NAV) per share declined to $4.09, including $0.24 per share in distributions. Despite market headwinds and volatility in the CLO market, the company issued $54 million in senior unsecured notes to enhance its capital structure and position for future earnings growth, with management noting strong performance in Q2 so far.

Ellington Credit Co announced its 2026 Annual Meeting of Shareholders will be held virtually on June 25, 2026. Shareholders of record as of April 30, 2026, will vote on the election of six trustees and the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending March 31, 2027. The filing also detailed PwC's fees, with audit fees totaling $408,000 for the year ended March 31, 2026.

Ellington Credit Company announced on April 7, 2026, that its Board of Trustees has declared a monthly common dividend of $0.08 per share. This dividend is scheduled to be paid on May 29, 2026, to shareholders who are on record as of April 30, 2026. This consistent dividend payout reflects the company's commitment to returning capital to shareholders and provides a regular income stream, which is a key attraction for investors in mREITs like EARN.