Orchid Island Capital (ORC) Declares $0.14 Monthly Dividend; 14.5% Yield

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Orchid Island Capital Announces January 2017 Monthly Dividend and December 31, 2016 RMBS Portfolio Characteristics

January 11, 2017 4:50 PM EST

January 2017 Monthly Dividend of $0.14 Per ShareEstimated Book Value Per Share at December 31, 2016 of $10.09Estimated (6.2)% total return on equity for the quarter ended December 31, 2016, or (25.0)% annualizedEstimated 1.1% total return for the year ended December 31, 2016RMBS Portfolio Characteristics as of December 31, 2016

VERO BEACH, Fla., Jan. 11, 2017 (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 2017. The dividend of $0.14 per share will be paid February 10, 2017, to holders of record on January 31,... More