Orchid Island Capital (ORC) Declares $0.14 Monthly Dividend; 17.5% Yield

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Orchid Island Capital Announces January 2016 Monthly Dividend and December 31, 2015 RMBS Portfolio Characteristics

January 11, 2016 5:20 PM EST

January 2016 Monthly Dividend of $0.14 Per ShareEstimated Book Value Per Share at December 31, 2015 of $11.64Estimated 3.2% total return on equity for the quarter, or 12.7% annualizedRMBS Portfolio Characteristics as of December 31, 20151,216,243 cumulative shares repurchased through stock repurchase program

VERO BEACH, Fla., Jan. 11, 2016 (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 January 2016. The dividend of $0.14 per share will be paid January 29, 2016, to holders of record on January 26, 2016, with an... More