Ellington Financial Inc. Files 8-K on Financials

TL;DR

Ellington Financial filed an 8-K on 12/6/24, updating on preferred stock series.

AI Summary

On December 6, 2024, Ellington Financial Inc. filed an 8-K report detailing events related to its financial statements and exhibits. The filing includes information on various series of preferred stock, specifically Series A, B, C, D, and E, all with reporting dates of December 6, 2024. The company is incorporated in Delaware and its principal executive offices are located in Old Greenwich, CT.

Why It Matters

This filing provides an update on Ellington Financial Inc.'s corporate structure and financial reporting, which is important for investors tracking the company's preferred stock and overall financial health.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of financial information and does not appear to contain any significant new risks or material adverse events.

Key Players & Entities

• Ellington Financial Inc. (company) — Registrant
• Delaware (jurisdiction) — State of incorporation
• Old Greenwich, CT (location) — Principal executive offices
• December 6, 2024 (date) — Date of report
• Series A Preferred Stock (security) — Financial instrument mentioned
• Series B Preferred Stock (security) — Financial instrument mentioned
• Series C Preferred Stock (security) — Financial instrument mentioned
• Series D Preferred Stock (security) — Financial instrument mentioned
• Series E Preferred Stock (security) — Financial instrument mentioned

FAQ

Key Financial Figures

• $0.001 — ange on Which Registered Common Stock, $0.001 par value per share EFC The New York
• $0.13 — he following: (i) a monthly dividend of $0.13 per share of common stock, payable on J
• $0.641878 — 31, 2024; (ii) a quarterly dividend of $0.641878 per share on the Company's Series A Flo
• $0.390625 — 31, 2024; (iii) a quarterly dividend of $0.390625 per share on the Company's 6.250% Serie
• $0.5390625 — 31, 2024; (iv) a quarterly dividend of $0.5390625 per share on the Company's 8.625% Serie
• $0.4375 — , 2024; and (v) a quarterly dividend of $0.4375 per share on the Company's 7.00% Series
• $25.540558 — ock redemption price is estimated to be $25.540558 per share of Series E Preferred Stock (
• $25.00 — equal to the liquidation preference of $25.00 per share plus $0.540558 per share repr
• $0.540558 — ion preference of $25.00 per share plus $0.540558 per share representing estimated accrue

Filing Documents

• efc-20241206.htm (8-K) — 36KB
• efc-exx1224dividendrelease.htm (EX-99.1) — 8KB
• 0001411342-24-000117.txt ( ) — 229KB
• efc-20241206.xsd (EX-101.SCH) — 2KB
• efc-20241206_def.xml (EX-101.DEF) — 17KB
• efc-20241206_lab.xml (EX-101.LAB) — 30KB
• efc-20241206_pre.xml (EX-101.PRE) — 18KB
• efc-20241206_htm.xml (XML) — 7KB

01. Other Events

Item 8.01. Other Events On December 6, 2024, Ellington Financial Inc. (the "Company") issued a press release announcing that its Board of Directors has declared the following: (i) a monthly dividend of $0.13 per share of common stock, payable on January 27, 2025 to common stockholders of record as of December 31, 2024; (ii) a quarterly dividend of $0.641878 per share on the Company's Series A Floating Rate Cumulative Redeemable Preferred Stock, payable on January 30, 2025 to Series A preferred stockholders of record as of December 31, 2024; (iii) a quarterly dividend of $0.390625 per share on the Company's 6.250% Series B Fixed-Rate Reset Cumulative Redeemable Preferred Stock, payable on January 30, 2025 to Series B preferred stockholders of record as of December 31, 2024; (iv) a quarterly dividend of $0.5390625 per share on the Company's 8.625% Series C Fixed-Rate Reset Cumulative Redeemable Preferred Stock, payable on January 30, 2025 to Series C preferred stockholders of record as of December 31, 2024; and (v) a quarterly dividend of $0.4375 per share on the Company's 7.00% Series D Cumulative Perpetual Redeemable Preferred Stock, payable on December 30, 2024 to Series D preferred stockholders of record as of December 20, 2024. As previously announced, the Company expects to complete the redemption of all 957,133 outstanding shares of its 8.250% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the "Series E Preferred Stock") (NYSE: EFC PR A) on December 13, 2024 (the "Redemption Date"). The Series E Preferred Stock redemption price is estimated to be $25.540558 per share of Series E Preferred Stock (the "Redemption Price"), which is equal to the liquidation preference of $25.00 per share plus $0.540558 per share representing estimated accrued and unpaid dividends to the Redemption Date. A copy of the press release is filed herewith as Exhibit 99.1 to this current report on Form 8-K and the information related to the dividend is incorporat

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. The following exhibit is being furnished herewith this Current Report on Form 8-K. 99.1 Press release dated December 6 , 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ELLINGTON FINANCIAL INC. Date: December 6, 2024 By: /s/ JR Herlihy JR Herlihy Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR