Orchid Island Capital (ORC) Declares $0.18 Monthly Dividend; 16.3% Yield
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Orchid Island Capital Announces December 2014 Monthly Dividend and November 28, 2014 RMBS Portfolio Characteristics
December 9, 2014 4:30 PM ESTDecember 2014 Monthly Dividend of $0.18 Per Share RMBS Portfolio Characteristics as of November 28, 2014
VERO BEACH, FL, Dec. 9, 2014 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (the "Company") (NYSE: ORC) announced that today the Board of Directors declared a monthly cash dividend for the month of December 2014. The dividend of $0.18 per share will be paid December 30, 2014, to holders of record on December 26, 2014, with an ex-dividend date of December 23, 2014.
The Company intends to make regular monthly cash distributions to its stockholders. In order to qualify as a real estate investment trust ("REIT")... More
