Orchid Island Capital (ORC) Declares $0.14 Monthly Dividend; 16.4% Yield

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Orchid Island Capital Announces April 2017 Monthly Dividend and March 31, 2017 RMBS Portfolio Characteristics

April 12, 2017 5:45 PM EDT

April 2017 Monthly Dividend of $0.14 Per ShareEstimated Book Value Per Share at March 31, 2017 of $9.75Estimated $(0.61) per share realized and unrealized losses on RMBS and derivative instrumentsEstimated GAAP net income of $0.07 per share, which includes the estimated $(0.61) per share of realized and unrealized losses on RMBS and derivative instrumentsEstimated 0.7% total return on equity for the quarter, or 2.8% annualizedRMBS Portfolio Characteristics as of March 31, 2017

VERO BEACH, Fla., April 12, 2017 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (the Company) (NYSE: ORC) announced today that the Board of... More