A High-Yield Real Estate Stock to Think About
It doesn’t take a rocket scientist to see why Ellington Financial Inc (NYSE: EFC) could be special.
In today’s market, most dividend stocks follow quarterly distribution schedules. Ellington Financial, however, pays investors monthly. Also in today’s market, most dividend stocks yield less than four percent. Ellington Financial, on the other hand, yields 9.5% at its current share price.
The only issue, of course, is that when something seems too good to be true, it often is. So it’s better to approach this high-yield, monthly dividend stock with caution.
Headquartered in Old Greenwich, CT, Ellington Financial Inc is a real estate investment trust (REIT). The company invests in a diverse array of financial assets, such... more
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