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Ellington Residential Mortgage REIT (Ellington Residential Mortgage REIT) 5-Year Yield-on-Cost % : 10.21 (As of Apr. 30, 2024)


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What is Ellington Residential Mortgage REIT 5-Year Yield-on-Cost %?

Ellington Residential Mortgage REIT's yield on cost for the quarter that ended in Dec. 2023 was 10.21.


The historical rank and industry rank for Ellington Residential Mortgage REIT's 5-Year Yield-on-Cost % or its related term are showing as below:

EARN' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.75   Med: 9.1   Max: 19.75
Current: 10.21


During the past 12 years, Ellington Residential Mortgage REIT's highest Yield on Cost was 19.75. The lowest was 2.75. And the median was 9.10.


EARN's 5-Year Yield-on-Cost % is ranked better than
74.76% of 832 companies
in the REITs industry
Industry Median: 7.09 vs EARN: 10.21

Competitive Comparison of Ellington Residential Mortgage REIT's 5-Year Yield-on-Cost %

For the REIT - Mortgage subindustry, Ellington Residential Mortgage REIT's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ellington Residential Mortgage REIT's 5-Year Yield-on-Cost % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ellington Residential Mortgage REIT's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Ellington Residential Mortgage REIT's 5-Year Yield-on-Cost % falls into.



Ellington Residential Mortgage REIT 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Ellington Residential Mortgage REIT is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Ellington Residential Mortgage REIT  (NYSE:EARN) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Ellington Residential Mortgage REIT 5-Year Yield-on-Cost % Related Terms

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Ellington Residential Mortgage REIT (Ellington Residential Mortgage REIT) Business Description

Traded in Other Exchanges
Address
53 Forest Avenue, Old Greenwich, CT, USA, 06870
Ellington Residential Mortgage REIT is principally engaged in the business of acquiring, investing in, and managing residential mortgage- and real estate-related assets through its wholly-owned subsidiaries. The company's primary objective is to generate attractive current yields and risk-adjusted total returns for shareholders by investing in assets that compensate appropriately for the risks associated with them.
Executives
Mary E Mcbride director 6199 E. PRINCETON CIRCLE, ENGLEWOOD CO 80111
Blackstone Holdings Iii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Chukudi Melvin Ike director 53 FOREST AVENUE, OLD GREENWICH CT 06870
Ronald I Simon director 485 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10022
Laurence Penn director, officer: CEO and President 52 FOREST AVENUE, OLD GREENWICH CT 06870
John Herlihy officer: Chief Operating Officer 53 FOREST AVENUE, OLD GREENWICH CT 06870
Chris Smernoff officer: Chief Financial Officer 53 FOREST AVENUE, OLD GREENWICH CT 06870
Mark Tecotzky officer: Co-Chief Investment Officer 53 FOREST AVENUE, OLD GREENWICH CT 06870
Michael W Vranos director, officer: Co-Chief Investment Officer 52 FOREST AVENUE, OLD GREENWICH CT 06870
David Miller director 53 FOREST AVENUE, OLD GREENWICH CT 06870
Bto Earn Manager L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Tactical Opportunities Earn Holdings L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Stephen A Schwarzman 10 percent owner C/O BLACKSTONE INC., 345 PARK AVE, NEW YORK NY 10154
Btoa L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Iii Gp Management L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154

Ellington Residential Mortgage REIT (Ellington Residential Mortgage REIT) Headlines