Ellington Credit Company Declares Monthly Dividend – Key Update for Investors

OLD GREENWICH, Conn., March 9, 2026 – Ellington Credit Company (NYSE: EARN), a non-diversified closed-end fund managed by an affiliate of Ellington Management Group, L.L.C., has announced a significant update for its shareholders.

Key Highlights from the Report

• Monthly Dividend Declared: The Board of Trustees of Ellington Credit Company has declared a monthly common dividend of \$0.08 per share. This dividend will be payable on April 30, 2026 to common shareholders of record as of March 31, 2026.
• Shareholder Record Date: Investors must be on record as of March 31, 2026, to receive this dividend payout.
• Dividend Consistency & Yield: The continuation of a steady monthly dividend is a key signal of the company’s ongoing income-generating ability, particularly relevant for income-focused investors.
• Press Release Disclosure: The company issued a formal press release to communicate this dividend announcement to the public, underlining its commitment to transparency with investors.

Important Considerations for Shareholders

• Potential Price Sensitivity:
  • The announcement of a regular monthly dividend can impact Ellington Credit Company’s share price, as dividend declarations are often viewed positively by the market, reflecting confidence in the company’s cash flow and portfolio stability.
  • Investors seeking yield may find the \$0.08 per share dividend attractive, potentially supporting or boosting the share price, especially in the current market environment focused on income-generating assets.
  • Shareholders should be aware of the ex-dividend and record dates, as share price adjustments typically occur around these key dates.
• Nature of the Company:
  • Ellington Credit Company is externally managed and invests primarily in corporate collateralized loan obligations (CLOs), focusing on mezzanine debt and equity tranches. The fund leverages the expertise of Ellington Management Group, a fixed-income specialist with a long track record since 1994.
  • The company’s strategy is designed to provide attractive current yields and risk-adjusted total returns, making it a notable player in the credit and fixed-income investment space.
• Regulatory and Market Risks:
  • The company’s press release includes a cautionary statement on forward-looking information, highlighting that actual results may vary due to factors such as changes in interest rates, market volatility, default rates on corporate loans, regulatory changes, and broader market or economic disruptions.
  • Ellington Credit Company’s recent conversion to a closed-end fund and RIC structure introduces new regulatory and operational considerations, which may impact business performance, risk profile, and dividend sustainability going forward.

Summary for Investors

The declaration of a \$0.08 per share monthly dividend is a key update for Ellington Credit Company shareholders and prospective investors. This move highlights the company’s ongoing ability to generate distributable income from its CLO-focused portfolio and maintain shareholder returns.

In the current environment, where income and yield are in high demand, such dividend announcements can be price sensitive and may influence the market’s perception and valuation of EARN shares.

About Ellington Credit Company

Ellington Credit Company is a non-diversified closed-end fund, seeking to deliver attractive yields and risk-adjusted returns through investment in corporate CLOs. The fund is managed by an affiliate of Ellington Management Group, a recognized leader in fixed-income asset management since 1994. Investors can find additional information at www.ellingtoncredit.com.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should read all available company filings and consult with their financial advisor before making any investment decisions. The information in this article is based on public disclosures as of March 9, 2026, and may be subject to change. Past dividends are not a guarantee of future performance or distributions.

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