Ellington Credit Declares $0.08 Monthly Dividend Payable August 31
EARN•The board declared a monthly common dividend of $0.08 per share, payable August 31, 2026 to shareholders of record on July 31, 2026. This consistent $0.08 payout follows the fund’s established distribution policy targeting current yield from corporate collateralized loan obligation mezzanine and equity tranches.
1. Dividend Declaration
Ellington Credit Company’s Board of Trustees approved a monthly common dividend of $0.08 per share at its July meeting. This marks the fund’s ongoing commitment to delivering steady income to shareholders through its common share distributions.
2. Payment Details
The declared dividend will be paid on August 31, 2026 to shareholders of record as of July 31, 2026. Investors must hold shares by the record date to qualify for the upcoming distribution.
3. Fund Strategy and Portfolio
As a closed-end fund, Ellington Credit focuses on corporate collateralized loan obligations, primarily mezzanine debt and equity tranches. The fund’s income-oriented strategy aims to leverage its active CLO portfolio management to support monthly dividends.
