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Orchid Island Capital (ORC) Reports Q3 EPS of $0.85

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Orchid Island Capital Announces Third Quarter 2016 Results

October 31, 2016 4:15 PM EDT

VERO BEACH, Fla., Oct. 31, 2016 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (NYSE: ORC) ("Orchid or the "Company"), a real estate investment trust ("REIT"), today announced results of operations for the three month period ended September 30, 2016.

Third Quarter 2016 Highlights

Net income of $20.5 million, or $0.85 per common share (including net realized and unrealized gains on RMBS and derivative instruments of an aggregate of $4.4 million, or $0.18 per share)Third quarter total dividends declared and paid of $0.42 per common shareBook value per share of $11.21 at September 30,... More