Orchid Island Capital (ORC) Reports Q2 Loss Per Share of 14c

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Orchid Island Capital Announces Second Quarter 2015 Results

July 29, 2015 5:48 PM EDT

VERO BEACH, Fla., July 29, 2015 (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 June 30, 2015.

Second Quarter 2015 Highlights

Net loss of $2.8 million, or $0.14 per common share Second quarter total dividends declared and paid of $0.54 per common share Book Value Per Share of $12.38 at June 30, 2015 0.4% economic gain on common equity for the quarter, or 1.6% annualized, comprised of $0.54 dividend per common share and $0.49 decrease in... More