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85 Monthly Paying Dividend Stocks And 80 Funds For August
Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These August U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (85); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >8.74% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. All per prices as of 8/15/23.

Ellington Financial Announces Release Date of Second Quarter 2023 Earnings, Conference Call, and Investor Presentation
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that it will release financial results for the quarter ended June 30, 2023 after market close on Monday, August 7, 2023. The Company will host a conference call to discuss its financial results at 11:00 a.m. Eastern Time on Tuesday, August 8, 2023. To participate in the event by telephone, please dial (800) 245-3047 at least 10 minutes prior to the start time and reference the conference.

Stick The Soft Landing
U.S. equity markets advanced to their highest levels of the year on an "inflation week" rally after the closely-watched CPI and PPI reports showed a continued sharp cooldown in price pressures. Closing at the highest levels since April 2022, the S&P 500 advanced 2.4% this week, while the other major equity benchmarks - the Mid-Cap 400 and Small-Cap 600 - gained 3%. Real estate equities- the sector with perhaps the most potential upside from a "soft landing" scenario- were among the leaders for a third straight week. The Equity REIT Index gained 2.9%.

A Dozen Income Picks Yielding 12% Or More
I recommend several high-yield income-oriented investments, including business development companies (BDCs), real estate investment trusts (REITs), and a closed-end fund (CEF) that holds midstream assets or master limited partnerships (MLPs). Regulated investment companies (RICs) offer high-yield distributions due to tax laws that regulate them and require them to distribute at least 90% of net income to shareholders. I provide specific recommendations for BDCs, REITs, and CEFs, including Trinity Capital, FS KKR Capital, Cion Investment Corp., and others that yield 12% or more annually.

Ellington Financial: Impending Acquisitions, A Potential Turning Point
Ellington Financial Inc., a real estate investment trust, is leveraging mergers and acquisitions for long-term growth, despite a 10.74% loss in shares over the past year. The company has announced merger agreements with Great Ajax Corp. and Arlington, which are expected to increase liquidity, operational efficiency, and diversify its portfolio. Ellington Financial has consistently distributed quarterly dividends since 2010, with a relative dividend yield of 13.3% as of July 5, 2023, higher than the industry median.

3 Monthly Dividend Stocks to Buy in July for a Passive Income Stream
Dividend payments typically reach shareholders quarterly or annually in the stock market. However, some companies, particularly Real Estate Investment Trusts (REITs), distribute dividends monthly.

Great Ajax stock rallies after Ellington Financial agrees to buy it at a premium in REIT merger
Great Ajax Corp. AJX, +2.00% stock is rallying 9% in premarket trades Monday after it agreed to be acquired by Ellington Financial Inc. EFC, +0.44% for about $173 million in stock. Ellington Financial said each share of Great Ajax common stock will be converted into 0.5308 shares of Ellington Financial common stock, or approximately 12.5 million shares of Ellington Financial common stock valued at about $172.5 million.

REITs Lead Quarter-End Rally
U.S. equity markets closed-out a volatile first-half at their highest-levels of the year as investors cheered data showing continued resilience in economic activity alongside further signs of cooling inflationary pressure. Rebounding from its worst week since March, the S&P 500 advanced 2.3% to close at its highest-levels since April 2022. The Mid-Cap 400 and Small-Cap 600 each rallied over 4%. Lifted by a recovery in the most beaten-down property sectors, real estate equities led the rally on the week. The Equity REIT Index advanced 4.3% while Mortgage REITs surged 6%.

Preferreds Weekly Review: Pricing Inefficiencies Continue To Persist
We take a look at the action in preferreds and baby bonds through the third week of June and highlight some of the key themes we are watching. Preferreds were roughly flat as higher Treasury yields were offset by tighter credit spreads. We take a look at a couple of pricing discrepancies in the B. Riley Financial senior security suite, which are indicative of broader market inefficiencies.

81 Monthly-Paying Dividend Stocks And 80 Funds For June
Imagine stocks or funds that pay out their dividends once a month! Your angst waiting for money is reduced by 300%, or more; unlike waiting for quarterly, semi-annual or (ugh) annual payouts. These May U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (83); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >9.97% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. All per prices as of 6/16/23.
EFC Financial details
EFC Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2022-12-31
Metric | History | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
---|---|---|---|---|---|---|
Revenue per share | 2.5 | 2.66 | 0.72 | 2.51 | 0.72 | |
Net income per share | 1.52 | 1.81 | -0.22 | 1.7 | -0.12 | |
Operating cash flow per share | -16.09 | 2.47 | 2.75 | 1.06 | 0.71 | |
Free cash flow per share | -16.09 | 4.02 | 3.45 | 4.62 | 0.71 | |
Cash per share | 3.45 | 2.25 | 2.57 | 1.91 | 3.63 | |
Book value per share | 18.36 | 25.86 | 20.36 | 26.61 | 19.98 | |
Tangible book value per share | 19.38 | 27.09 | 21.19 | 27.27 | 20.26 | |
Share holders equity per share | 18.36 | 25.86 | 20.36 | 26.61 | 19.98 | |
Interest debt per share | 66.84 | 102.25 | 55.01 | 74.02 | 204.88 | |
Market cap | 470.75M | 587.81M | 645.34M | 829.46M | 740.38M | |
Enterprise value | 2.42B | 3.79B | 2.92B | 4.37B | 12.93B | |
P/E ratio | 10.09 | 10.15 | -67.53 | 10.06 | -102.05 | |
Price to sales ratio | 6.13 | 6.9 | 20.65 | 6.8 | 17.16 | |
POCF ratio | -0.95 | 7.42 | 5.4 | 16.17 | 17.34 | |
PFCF ratio | -0.95 | 4.56 | 4.3 | 3.7 | 17.34 | |
P/B Ratio | 0.83 | 0.71 | 0.73 | 0.64 | 0.62 | |
PTB ratio | 0.83 | 0.71 | 0.73 | 0.64 | 0.62 | |
EV to sales | 31.52 | 44.51 | 93.49 | 35.86 | 299.63 | |
Enterprise value over EBITDA | 23.43 | 63.72 | 80.31 | 32.01 | -147.31 | |
EV to operating cash flow | -4.9 | 47.84 | 24.45 | 85.26 | 302.86 | |
EV to free cash flow | -4.9 | 29.38 | 19.46 | 19.51 | 302.86 | |
Earnings yield | 0.1 | 0.1 | -0.01 | 0.1 | -0.01 | |
Free cash flow yield | -1.05 | 0.22 | 0.23 | 0.27 | 0.06 | |
Debt to equity | 3.54 | 3.95 | 2.7 | 2.82 | 10.37 | |
Debt to assets | 0.5 | 0.75 | 0.7 | 0.7 | 0.88 | |
Net debt to EBITDA | 18.87 | 53.84 | 62.57 | 25.94 | -138.87 | |
Current ratio | 1.89 | 3.42 | 16.33 | 5.71 | 2.58 | |
Interest coverage | 1.82 | 16.82 | 9.34 | -3.1 | -0.81 | |
Income quality | -9.9 | 1.25 | 4.21 | 0.36 | -0.6 | |
Dividend Yield | 0.11 | 0.09 | 0.1 | 0.1 | 0.17 | |
Payout ratio | 1.09 | 0.94 | -6.8 | 1.04 | -16.96 | |
Sales general and administrative to revenue | 0.13 | 0.17 | 0.53 | 0.17 | 0.71 | |
Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
Intangibles to total assets | 0 | 0 | 0 | 0 | 0 | |
Capex to operating cash flow | 0 | 0.63 | 0.26 | 3.37 | 0 | |
Capex to revenue | 0 | 0.58 | 0.98 | 1.42 | 0 | |
Capex to depreciation | 0 | 0 | 0 | 0 | 0 | |
Stock based compensation to revenue | 0.01 | 0.01 | 0 | 0 | 0.03 | |
Graham number | 25.06 | 32.42 | 10.03 | 31.89 | 7.38 | |
ROIC | 0.04 | 0.01 | -0.06 | 0.03 | 0 | |
Return on tangible assets | 0.01 | 0.01 | 0 | 0.02 | 0 | |
Graham Net | -84.76 | -101.19 | -52.81 | -74.16 | -209.11 | |
Working capital | 439.38M | 194.82M | 210.39M | 254.39M | 133.04M | |
Tangible asset value | 595.17M | 868.7M | 921.57M | 1.32B | 1.21B | |
Net current asset value | -2.44B | -3.19B | -2.27B | -3.55B | -12.65B | |
Invested capital | 3.54 | 3.95 | 2.7 | 2.82 | 10.37 | |
Average receivables | 768.19M | 546.62M | 157.71M | 164.09M | 195.95M | |
Average payables | 354.03M | 288M | 47.08M | 33.86M | 69.01M | |
Average inventory | 0 | 0 | 0 | 0 | 0 | |
Days sales outstanding | 4.23K | 869.86 | 1.31K | 645.63 | 1.49K | |
Days payables outstanding | 435.86K | 0 | 0 | 0 | 1.56K | |
Days of inventory on hand | 0 | 0 | 0 | 0 | 0 | |
Receivables turnover | 0.09 | 0.42 | 0.28 | 0.57 | 0.24 | |
Payables turnover | 0 | 0 | 0 | 0 | 0.23 | |
Inventory turnover | 0 | 0 | 0 | 0 | 0 | |
ROE | 0.08 | 0.07 | -0.01 | 0.06 | -0.01 | |
Capex per share | 0 | 1.55 | 0.7 | 3.56 | 0 |
Quarterly Fundamentals Overview
Last date of statement is 2023-06-30 for Q2
Metric | History | 2022-06-30 | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 |
---|---|---|---|---|---|---|
Revenue per share | -0.61 | 0.1 | 1.08 | 1.11 | 0.81 | |
Net income per share | -0.64 | -0.07 | 0.59 | 0.66 | 0.13 | |
Operating cash flow per share | 0.81 | -0.18 | -0.45 | -0.73 | -0.65 | |
Free cash flow per share | 0.81 | -0.18 | -0.45 | -0.73 | 0.03 | |
Cash per share | 3.74 | 5.76 | 3.53 | 2.83 | 2.9 | |
Book value per share | 20.13 | 19.19 | 19.44 | 20.25 | 19.69 | |
Tangible book value per share | 20.56 | 19.61 | 19.72 | 20.5 | 19.91 | |
Share holders equity per share | 20.13 | 19.19 | 19.44 | 20.25 | 19.69 | |
Interest debt per share | 77.04 | 79.83 | 198.69 | 184.27 | 185.38 | |
Market cap | 880.61M | 684.66M | 760.83M | 814.07M | 926.84M | |
Enterprise value | 5.3B | 5.27B | 12.95B | 12.97B | 13.25B | |
P/E ratio | -5.77 | -40.58 | 5.26 | 4.62 | 26.1 | |
Price to sales ratio | -23.87 | 110.18 | 11.44 | 10.96 | 17.03 | |
POCF ratio | 18.19 | -61.49 | -27.65 | -16.73 | -21.38 | |
PFCF ratio | 18.19 | -61.49 | -27.65 | -16.73 | 481.22 | |
P/B Ratio | 0.73 | 0.59 | 0.64 | 0.6 | 0.7 | |
PTB ratio | 0.73 | 0.59 | 0.64 | 0.6 | 0.7 | |
EV to sales | -143.73 | 848.84 | 194.76 | 174.63 | 243.45 | |
Enterprise value over EBITDA | -76.99 | 594.6 | 546.14 | 1.39K | 1.48K | |
EV to operating cash flow | 109.56 | -473.7 | -470.54 | -266.55 | -305.57 | |
EV to free cash flow | 109.56 | -473.7 | -470.54 | -266.55 | 6.88K | |
Earnings yield | -0.04 | -0.01 | 0.05 | 0.05 | 0.01 | |
Free cash flow yield | 0.05 | -0.02 | -0.04 | -0.06 | 0 | |
Debt to equity | 3.85 | 4.12 | 10.37 | 9.15 | 9.46 | |
Debt to assets | 0.75 | 0.75 | 0.88 | 0.87 | 0.87 | |
Net debt to EBITDA | -64.21 | 517.42 | 514.05 | 1.3K | 1.37K | |
Current ratio | 8 | 4.8 | 2.58 | 2.44 | 4.35 | |
Interest coverage | 3.01 | 0.3 | -0.62 | 0.26 | -0.14 | |
Income quality | -1.27 | 2.64 | -0.76 | -1.11 | 0 | |
Dividend Yield | 0.04 | 0.05 | 0.04 | 0.04 | 0.04 | |
Payout ratio | -0.82 | -7.4 | 0.87 | 0.77 | 4.1 | |
Sales general and administrative to revenue | -0.13 | 0.96 | 0.22 | 0.18 | 0.32 | |
Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
Intangibles to total assets | 0 | 0 | 0 | 0 | 0 | |
Capex to operating cash flow | 0 | 0 | 0 | 0 | -1.04 | |
Capex to revenue | 0 | 0 | 0 | 0 | 0.83 | |
Capex to depreciation | 0 | 0 | 0 | 0 | 0 | |
Stock based compensation to revenue | 0 | 0 | 0.02 | 0 | 0 | |
Graham number | 16.97 | 5.5 | 16.03 | 17.35 | 7.65 | |
ROIC | -0.01 | 0 | 0.01 | 0 | 0 | |
Return on tangible assets | -0.01 | 0 | 0 | 0 | 0 | |
Graham Net | -75.8 | -76.73 | -203.49 | -186.1 | -187.63 | |
Working capital | 394.25M | 274.33M | 133.04M | 111.21M | 316.54M | |
Tangible asset value | 1.23B | 1.18B | 1.21B | 1.37B | 1.34B | |
Net current asset value | -4.49B | -4.82B | -12.65B | -12.55B | -12.55B | |
Invested capital | 3.85 | 4.12 | 10.37 | 9.15 | 9.46 | |
Average receivables | 241.69M | 242.94M | 217.98M | 181.75M | 201.83M | |
Average payables | 65.52M | 64.29M | 78.15M | 80.68M | 85.87M | |
Average inventory | 0 | 0 | 0 | 0 | 0 | |
Days sales outstanding | -551.48 | 3.76K | 238.49 | 226.98 | 357.86 | |
Days payables outstanding | 0 | 0 | 598.37 | 474.49 | 559.69 | |
Days of inventory on hand | 0 | 0 | 0 | 0 | 0 | |
Receivables turnover | -0.16 | 0.02 | 0.38 | 0.4 | 0.25 | |
Payables turnover | 0 | 0 | 0.15 | 0.19 | 0.16 | |
Inventory turnover | 0 | 0 | 0 | 0 | 0 | |
ROE | -0.03 | 0 | 0.03 | 0.03 | 0.01 | |
Capex per share | 0 | 0 | 0 | 0 | 0.67 |
EFC Frequently Asked Questions
What is Ellington Financial Inc. stock symbol ?
Ellington Financial Inc. is a US stock , located in Old greenwich of Ct and trading under the symbol EFC
What is Ellington Financial Inc. stock quote today ?
Ellington Financial Inc. stock price is $12.905 today.
Is Ellington Financial Inc. stock public?
Yes, Ellington Financial Inc. is a publicly traded company.