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DIVIDEND ANNOUNCEMENT: Orchid Island Capital Inc (NYSE:ORC) on 05/10/2023 declared a dividend of $0.1600 per share

May 10, 2023

Orchid Island Capital Inc (NYSE:ORC) on 05/10/2023 declared a dividend of $ 0.1600 per share payable on June 28, 2023 to shareholders of record as of May 31, 2023.

Orchid Island Capital Inc (NYSE:ORC) has paid dividends since 2013, has a current dividend yield of 19.3548374176% and has increased its dividends for 0 successive years.

Orchid Island Capital Inc's market cap is $ 388,219,200 and has a PE ratio of 0.00. The stock price closed yesterday at $ 9.92 and has a 52 week low/high of $ 7.95 and $ 16.40.

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.

Orchid Island Capital Inc current dividend information as per the date of this press release is:
Dividend Declaration Date: May 10, 2023
Dividend Ex Date: May 30, 2023
Dividend Record Date: May 31, 2023
Dividend Payment Date: June 28, 2023
Dividend Amount: $ 0.1600
 
 

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