OLD GREENWICH, Conn.,
Dec. 13, 2016 /PRNewswire/ --
Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company")
today announced that its Board of Trustees has declared a dividend
for the fourth quarter of 2016 of $0.40 per share, payable on January 25, 2017, to common shareholders of
record as of December 30, 2016.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains forward-looking statements within
the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements are not
historical in nature and can be identified by words such as
"anticipate," "estimate," "will," "should," "may," "expect,"
"project," "believe," "intend," "seek," "plan" and similar
expressions or their negative forms, or by references to strategy,
plans, or intentions. For example, our results can fluctuate from
month to month and quarter to quarter depending on a variety of
factors, some of which are beyond our control and/or difficult to
predict, including, without limitation, changes in interest rates,
changes in default rates and prepayment speeds, and other changes
in market and economic conditions. Our actual results may differ
from our beliefs, expectations, estimates, and projections and,
consequently, you should not rely on these forward-looking
statements as predictions of future events. Furthermore,
forward-looking statements are subject to risks and uncertainties,
including, among other things, those described under Item 1A to the
Company's Annual Report on Form 10-K filed on March 10, 2016, which can be accessed through the
link to our SEC filings under "For Our Shareholders" on our website
(www.earnreit.com) or at the SEC's website (www.sec.gov). Other
risks, uncertainties, and factors that could cause actual results
to differ materially from those projected may be described from
time to time in reports we file with the SEC, including reports on
Forms 10-Q, 10-K and 8-K. We undertake no obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events, or otherwise.
About Ellington Residential Mortgage REIT
Ellington Residential Mortgage REIT is a mortgage real estate
investment trust that specializes in acquiring, investing in and
managing residential mortgage- and real estate-related assets, with
a primary focus on residential mortgage-backed securities for which
the principal and interest payments are guaranteed by a U.S.
government agency or a U.S. government-sponsored enterprise.
Ellington Residential Mortgage REIT is externally managed and
advised by Ellington Residential Mortgage Management LLC, an
affiliate of Ellington Management Group, L.L.C.
Investor Contact: Maria Cozine,
Vice President of Investor Relations, or Lisa Mumford, Chief Financial Officer, Ellington
Residential Mortgage REIT, (203) 409-3773;
Media Contact: Amanda Klein or
Kevin Fitzgerald, Gasthalter &
Co., for Ellington Residential Mortgage REIT, (212) 257-4170 or
Ellington@gasthalter.com.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/ellington-residential-mortgage-reit-announces-dividend-for-the-fourth-quarter-of-2016-300377591.html
SOURCE Ellington Residential Mortgage REIT