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 September 2016 Monthly Dividend and August 31, 2016 RMBS Portfolio Characteristics

September 12, 2016 4:15 PM EDT

September 2016 Monthly Dividend of $0.14 Per ShareRMBS Portfolio Characteristics as of August 31, 2016

VERO BEACH, Fla., Sept. 12, 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 September 2016. The dividend of $0.14 per share will be paid September 30, 2016, to holders of record on September 28, 2016, with an ex-dividend date of September 26, 2016. 

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