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DIVIDEND ANNOUNCEMENT: Orchid Island Capital Inc (NYSE:ORC) on 05/11/2022 declared a dividend of $0.0450 per share

May 11, 2022

Orchid Island Capital Inc (NYSE:ORC) on 05/11/2022 declared a dividend of $ 0.0450 per share payable on June 28, 2022 to shareholders of record as of May 31, 2022.

Orchid Island Capital Inc (NYSE:ORC) has paid dividends since 2013, has a current dividend yield of 18.4300346375% and has increased its dividends for 0 successive years.

Orchid Island Capital Inc's market cap is $ 518,952,810 and has a PE ratio of 0.00. The stock price closed yesterday at $ 2.93 and has a 52 week low/high of $ 2.61 and $ 5.86.

Orchid Island Capital is a real estate investment trust and a finance company that invests in residential mortgage-backed securities (RMBS). The principal and interest payments of these RMBS are guaranteed by the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation or the Government National Mortgage Association and are backed by single-family residential mortgage loans. Co. refers to these RMBS as Agency RMBS. Co.'s portfolio consists of two categories of Agency RMBS: pass-through Agency RMBS; and structured Agency RMBS, such as interest only securities, inverse interest only securities and principal only securities, among other types of structured Agency RMBS.

For more information on Orchid Island Capital Inc click here.

Orchid Island Capital Inc current dividend information as per the date of this press release is:
Dividend Declaration Date: May 11, 2022
Dividend Ex Date: May 27, 2022
Dividend Record Date: May 31, 2022
Dividend Payment Date: June 28, 2022
Dividend Amount: $ 0.0450
 
 

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