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home / news releases / EARN - Ellington Residential: 11.6% Yield Trading At 0.81x Book Value

EARN - Ellington Residential: 11.6% Yield Trading At 0.81x Book Value

Ellington Residential Mortgage REIT of Beneficial Interest
  • Ellington Residential reported a 14% decline in book value in 1Q-22.
  • The mortgage REIT cut its dividend down to $0.08 per share, a decline of 20%.
  • EARN now trades at a large discount to book value.

For further details see:

Ellington Residential: 11.6% Yield, Trading At 0.81x Book Value
Stock Information
Company Name: Ellington Residential Mortgage REIT of Beneficial Interest
Stock Symbol: EARN
Market: NYSE
Website: earnreit.com
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