Ellington Residential Mortgage REIT declares Q2 2015 dividend of USD0.55 per share.

M2 EQUITYBITES-June 17, 2015-Ellington Residential Mortgage REIT declares Q2 2015 dividend of USD0.55 per share

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The board of trustees of Ellington Residential Mortgage REIT (NYSE:EARN) approved a common stock dividend of USD0.55 per share for the second quarter of 2015, the company declared on Tuesday.

All shareholders of record as of 30 June 2015 will be paid on 27 July 2015.

The company is a mortgage real estate investment trust that acquires, invests in and manages residential mortgage and real estate related assets, mainly residential mortgage backed securities for which the principal and interest payments are guaranteed by a US government agency or a US government-sponsored enterprise.

Further, founded in 2012 and based in Old Greenwich, Connecticut, the company is externally managed and advised by Ellington Residential Mortgage Management LLC, an affiliate of Ellington Management Group LLC.

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