Orchid Island Capital (ORC) Announces 5:1 Reverse Stock Split
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Orchid Island Capital Announces One-for-five Reverse Stock Split, August 2022 Monthly Dividend and July 31, 2022 RMBS Portfolio Characteristics
August 17, 2022 5:49 PM EDTÂ One-for-five reverse stock split of the outstanding shares of Common Stock August 2022 Monthly Dividend of $0.16 Per Share of Common Stock RMBS Portfolio Characteristics as of July 31, 2022 Next Dividend Announcement Expected September 12, 2022
VERO BEACH, Fla.--(BUSINESS WIRE)-- Orchid Island Capital, Inc. (the Company) (NYSE: ORC) announced today that the Board of Directors of the Company (the Board) approved a reverse stock split of the outstanding shares of the Companys common stock, par value $0.01 per share (the Common Stock), at a ratio of one-for-five (the Reverse Stock... More