DIVIDEND ANNOUNCEMENT: Orchid Island Capital Inc (NYSE:ORC) on 03/09/2023 declared a dividend of $0.1600 per share

Orchid Island Capital Inc (NYSE:ORC) on 03/09/2023 declared a dividend of $ 0.1600 per share payable on April 26, 2023 to shareholders of record as of March 31, 2023.

Orchid Island Capital Inc (NYSE:ORC) has paid dividends since 2013, has a current dividend yield of 17.7285308838% and has increased its dividends for 0 successive years.

Orchid Island Capital Inc's market cap is $ 423,258,060 and has a PE ratio of 0.00. The stock price closed yesterday at $ 10.83 and has a 52 week low/high of $ 7.95 and $ 17.60.

Orchid Island Capital is a real estate investment trust. Co. 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 primarily by single-family residential mortgage loans. Co.'s portfolio consists of two categories of Agency RMBS: pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS, such as interest only securities, inverse interest only securities and principal only securities.

For more information on Orchid Island Capital Inc click here.