Orchid Island Capital (ORC) Declares $0.14 Monthly Dividend; 16.1% Yield

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Go back to Orchid Island Capital (ORC) Declares $0.14 Monthly Dividend; 16.1% Yield

Orchid Island Capital Announces June 2016 Monthly Dividend and May 31, 2016 RMBS Portfolio Characteristics

June 9, 2016 4:25 PM EDT

June 2016 Monthly Dividend of $0.14 Per ShareRMBS Portfolio Characteristics as of May 31, 2016

VERO BEACH, Fla., June 09, 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 June 2016. The dividend of $0.14 per share will be paid June 30, 2016, to holders of record on June 28, 2016, with an ex-dividend date of June 24, 2016.

The Company intends to make regular monthly cash distributions to its stockholders. In order to qualify as a real estate... More