Ex-Dividend Reminder: Ellington Financial, AGNC Investment and Vornado Realty Trust

Looking at the universe of stocks we cover at Dividend Channel, on 1/28/22, Ellington Financial Inc (Symbol: EFC), AGNC Investment Corp (Symbol: AGNC), and Vornado Realty Trust (Symbol: VNO) will all trade ex-dividend for their respective upcoming dividends. Ellington Financial Inc will pay its monthly dividend of $0.15 on 2/25/22, AGNC Investment Corp will pay its monthly dividend of $0.12 on 2/9/22, and Vornado Realty Trust will pay its quarterly dividend of $0.53 on 2/11/22.

As a percentage of EFC’s recent stock price of $17.96, this dividend works out to approximately 0.84%, so look for shares of Ellington Financial Inc to trade 0.84% lower — all else being equal — when EFC shares open for trading on 1/28/22. Similarly, investors should look for AGNC to open 0.79% lower in price and for VNO to open 1.28% lower, all else being equal.

Below are dividend history charts for EFC, AGNC, and VNO, showing historical dividends prior to the most recent ones declared.

Ellington Financial Inc (Symbol: EFC):

AGNC Investment Corp (Symbol: AGNC):


Vornado Realty Trust (Symbol: VNO):


In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 10.02% for Ellington Financial Inc, 9.51% for AGNC Investment Corp, and 5.11% for Vornado Realty Trust.

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In Wednesday trading, Ellington Financial Inc shares are currently up about 1.2%, AGNC Investment Corp shares are up about 1%, and Vornado Realty Trust shares are up about 1.3% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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