It’s easy for income investors to be attracted to Ellington Financial Inc. (EFC) and its big 13% yield. Even better, the company pays dividends monthly. But Ellington is a serial dividend cutter, cautions Marc Lichtenfeld, chief income strategist at Wealthy Retirement. To get your FREE copy of the complete MoneyShow 2026 Top Picks Report, click here. Ellington is a mortgage Real Estate Investment Trust, or REIT, that has been around for more than 30 years. It invests in both commercial and consumer mortg ...