Ellington Financial Announces REIT Conversion and Closing of Exchange Offer
Ellington Financial Inc. (EFC)
Last ellington financial inc. earnings: 2/12 04:44 pm
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US:NYSE Investor Relations:
ir.ellingtonfinancial.com
Company Research
Source: Business Wire
OLD GREENWICH, Conn.--(BUSINESS WIRE)-- Ellington Financial LLC (NYSE: EFC) ("Ellington Financial" or the "Company") announced today that it plans to elect to be taxed as a REIT for U.S. federal income tax purposes for the taxable year ending December 31, 2019. To facilitate this planned election, it has elected to be taxed as a corporation for U.S. federal income tax purposes effective as of January 1, 2019. “I am excited that we completed our tax conversion from a publicly traded partnership,” said Laurence Penn, Chief Executive Officer and President. “Our tax reporting to investors will be greatly simplified as a REIT, which should expand our investor base and greatly improve the liquidity of our stock." The Company will issue a final Schedule K-1 to shareholders who held shares in 2018. For 2019, the Company will issue a Form 1099 to shareholders reporting all dividends paid. The
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EFC
Earnings
- 2/26/24 - Miss
EFC
Sec Filings
- 3/26/24 - Form PRE
- 3/7/24 - Form 8-K
- 3/7/24 - Form 8-K
- EFC's page on the SEC website