Orchid Island Capital (ORC) Declares $0.14 Monthly Dividend; 14.6% Yield

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Orchid Island Capital Announces July 2015 Monthly Dividend and June 30, 2015 RMBS Portfolio Characteristics

July 10, 2015 9:15 AM EDT

July 2015 Monthly Dividend of $0.14 Per Share Estimated Book Value Per Share at June 30, 2015 of $12.38 Estimated 0.4% total return on equity for the quarter, or 1.6% annualized RMBS Portfolio Characteristics as of June 30, 2015

VERO BEACH, Fla., July 10, 2015 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (the "Company") (NYSE: ORC) announced today that the Board of Directors declared a monthly cash dividend for the month of July 2015. The dividend of $0.14 per share will be paid July 31, 2015, to holders of record on July 27, 2015, with an ex-dividend date of July 23, 2015.

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Orchid Island Capital Announces July 2015 Monthly Dividend and June 30, 2015 RMBS Portfolio Characteristics

July 10, 2015 9:15 AM EDT

July 2015 Monthly Dividend of $0.14 Per Share Estimated Book Value Per Share at June 30, 2015 of $12.38 Estimated 0.4% total return on equity for the quarter, or 1.6% annualized RMBS Portfolio Characteristics as of June 30, 2015

VERO BEACH, Fla., July 10, 2015 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (the "Company") (NYSE: ORC) announced today that the Board of Directors declared a monthly cash dividend for the month of July 2015. The dividend of $0.14 per share will be paid July 31, 2015, to holders of record on July 27, 2015, with an ex-dividend date of July 23, 2015.

Commenting on the dividend... More