Ellington Financial Inc. reported an estimated book value per common share of $13.17 as of November 30, 2025. This figure incorporates the impact of the firm’s previously announced monthly dividend of $0.13 per share. The estimate remains subject to adjustment following completion of month-end and quarter-end valuation procedures for the company’s mortgage loans, mortgage-backed securities, consumer loans and other financial assets. Any revision to the estimate could be material and may not reflect the final book value disclosed in the December 31, 2025 financial statements.

Ellington Financial’s board has approved a monthly common dividend of $0.13 per share, payable on December 31, 2025 to shareholders of record as of November 28, 2025. The ex-dividend date is also November 28, 2025. Based on the current share count of approximately 22.1 million common shares outstanding, the total payout will amount to roughly $2.87 million. This dividend represents an annualized yield of just under 12% relative to the current book value estimate.

Shares of Ellington Financial are trading at a 2.2% premium to net asset value, approaching the highest NAV premium recorded since the company’s IPO. Since its listing, aggregate shareholder value creation has averaged 4.49% of NAV per share annually, substantially trailing the S&P 500’s 12.5% annual return over the same interval. Analysts project future annual returns of 4–5% on share price, driven primarily by dividends, but acknowledge that expected declines in NAV per share may offset a portion of total shareholder return.