Ellington Financial Revises Estimated Book Value Per Share - Quick Facts

(RTTNews) - Ellington Financial LLC (EFC) announced its estimated book value per common share as of February 28, 2014 was $24.23, or $23.83 on a diluted basis, revising the company's previous estimates. The company noted that its estimates are subject to change upon completion of month-end valuation procedures relating to investment positions, and any such change could be material.

Estimated book value per share on a diluted basis takes into account securities convertible into the company's common shares. These amounts give effect to the previously announced dividend in the amount of $0.77 per common share and convertible security, payable on March 17, 2014 to holders of record on February 28, 2014, with an ex-dividend date of February 26, 2014.