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

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

Orchid Island Capital Announces August 2017 Monthly Dividend and July 31, 2017 RMBS Portfolio Characteristics

August 9, 2017 5:45 PM EDT

August 2017 Monthly Dividend of $0.14 Per ShareRMBS Portfolio Characteristics as of July 31, 2017

VERO BEACH, Fla., Aug. 09, 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 August 2017. The dividend of $0.14 per share will be paid September 8, 2017, to holders of record on August 31, 2017, with an ex-dividend date of August 29, 2017. 

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