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Ellington Residential Mortgage REIT lowers dividend

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Ellington Residential Mortgage REIT lowers dividend

Ellington Residential Mortgage REIT's board of trustees declared a dividend for the fourth quarter of 34 cents per share, down from the previous payout of 37 cents per share.

The dividend is payable Jan. 25, 2019, to common shareholders of record as of Dec. 31.