Trailing Dividend / Share
$0.82
Ellington Credit Company (EARN) Dividend History
Income profile from 2013 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
18.6%
Payout Ratio
3.4%
Sustainable
Dividend Streak
0 years
EARN Dividend Income Check
Safety
3.4% payout ratio with sustainable safety profile.
Consistency
0 straight years of dividend increases.
Income Trend
Yield on cost is 7.4% and trend is falling.
EARN Dividend Scorecard
Yield & Income
Dividend Yield18.6%
Trailing DPS$0.82
FrequencyMonthly
Payments / 12M13
Payout Safety
Earnings Payout3.4%
Earnings SafetySustainable
FCF Payout157.3%
FCF SafetyStretched
Piotroski F-Score8/9
Growth
Growth Streak0 years
3Y CAGR-2.6%
5Y CAGR-3.0%
Yield on Cost (5Y)7.4%
YOC Trendfalling
Total Returns
Buyback Yield0.0%
Total Shareholder Yield18.6%
1Y Total Return-6.3%
5Y Total Return-24.9%
Div Contribution (5Y)40.8%
Estimated $10K growth (return + dividends):
5Y ago$7,51410Y ago$12,49820Y ago$11,550
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
EARN Income Growth Story
Dividend per share and yield on cost over time (14 years of payments)
EARN Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Ellington Credit Company distributes 3.4% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 157.3%, rated "Stretched".
Piotroski F-Score: 8/9 — strong financial health.
Growth Track Record
EARN does not have a current streak of consecutive dividend increases, with a 3-year CAGR of -2.6% and 5-year CAGR of -3.0%.
Total Shareholder Returns
Beyond cash dividends, EARN returns capital through share repurchases. The combined picture: 18.6% dividend yield, 18.6% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 7.4% and is currently falling. The 5-year total return is -24.9%, with dividends contributing 40.8% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $12,498 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
EARN Recent Dividend Payments
Last 20 payments · Monthly
TTM Total$1.60
Avg/Payment$0.0800
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 30, 2026Latest | $0.0800 | — | 21.87% | Jul 31, 2026 |
| May 29, 2026 | $0.0800 | — | 20.25% | Jun 30, 2026 |
| Apr 30, 2026 | $0.0800 | — | 20.34% | May 29, 2026 |
| Mar 31, 2026 | $0.0800 | — | 21.67% | Apr 30, 2026 |
| Feb 27, 2026 | $0.0800 | — | 19.63% | Mar 31, 2026 |
| Jan 30, 2026 | $0.0800 | — | 17.58% | Feb 27, 2026 |
| Dec 31, 2025 | $0.0800 | — | 18.22% | Jan 30, 2026 |
| Nov 28, 2025 | $0.0800 | — | 17.71% | Dec 31, 2025 |
EARN Dividend vs Peers
Comparable companies in the same industry
#3 yield in peer group
Div Yield
18.6%
#3 of 9
Safety
Sustainable
3.4% payout
Streak
0Y
-3.0% 5Y CAGR
Total Shareholder
18.6%
#3 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
3rd EARNEllington Credit Com… | $165M | 18.6% | 3.4% | 0 | Sustainable |
 EFCEllington Financial … | $1.3B | 13.7% | 1.3% | 0 | Sustainable |
 AGNCAGNC Investment Corp… | $11.7B | 15.1% | 95.9% | 0 | At Risk |
 NLYAnnaly Capital Manag… | $16.0B | 13.2% | 92.8% | 1 | At Risk |
2nd  MFAMFA Financial, Inc. | $973M | 18.8% | 1.1% | 1 | Sustainable |
 MITTTPG Mortgage Investm… | $252M | 9.9% | 50.3% | 2 | Sustainable |
 TWOTwo Harbors Investme… | $1.3B | 13.3% | — | 0 | Unknown |
1st  IVRInvesco Mortgage Cap… | $575M | 20.2% | 1.1% | 0 | Sustainable |
 DXDynex Capital, Inc. | $2.0B | 15.1% | 77.3% | 2 | Watch |
EARN Annual Dividend History (2012–2026)
15 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.48 | — | 6 | — | — | — | 3.7% |
| 2025 | $0.96 | 0.0% | 12 | — | — | — | 7.4% |
| 2024 | $0.96 | 0.0% | 12 | $0.24 | 400.0% | 0.25x | 7.4% |
| 2023 | $0.96 | -7.7% | 12 | $0.31 | 309.7% | 0.32x | 7.4% |
| 2022 | $1.04 | -11.9% | 12 | $-2.29 | — | — | 8.1% |
| 2021 | $1.18 | 5.4% | 6 | $-0.50 | — | — | 9.1% |
| 2020 | $1.12 | -5.1% | 4 | $1.63 | 68.7% | 1.46x | 8.7% |
| 2019 | $1.18 | -18.6% | 4 | $1.79 | 65.9% | 1.52x | 9.1% |
| 2018 | $1.45 | -7.6% | 4 | $-0.88 | — | — | 11.2% |
| 2017 | $1.57 | -4.8% | 4 | $0.93 | 168.8% | 0.59x | 12.2% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
13+ years return with dividends reinvested.
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Peer Comparison
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EARN — Frequently Asked Questions
Quick answers to the most common questions about buying EARN stock.
How much dividend does EARN pay per share?
Ellington Credit Company (EARN) pays a trailing 12-month dividend of $0.82 per share, with a current dividend yield of +18.6%. Payments are made Monthly.
When is EARN's next ex-dividend date?
EARN's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. EARN typically pays dividends Monthly.
Is EARN's dividend safe?
EARN's dividend safety is rated "Sustainable" based on an earnings payout ratio of +3.4% and FCF payout ratio of +157.3%. The dividend history does not yet show a prolonged growth streak.
How many years has EARN increased its dividend?
EARN has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is -3.0%.
How often does EARN pay dividends?
Ellington Credit Company pays dividends Monthly. The trailing 12-month total is $0.82 per share. Dividend data on this page covers 13+ years from 2013 to 2026.
How much would $10,000 invested in EARN grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in EARN five years ago would be worth approximately $7,514 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is EARN's yield on cost for long-term holders?
EARN's yield on cost — the current dividend divided by the original purchase price — is +7.4% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +18.6% market yield, thanks to the lower original cost basis.