Orchid Island Capital (ORC) Tops Q2 EPS Views

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Go back to Orchid Island Capital (ORC) Tops Q2 EPS Views

Orchid Island Capital Announces Second Quarter 2014 Results

July 29, 2014 4:05 PM EDT

VERO BEACH, Fla., July 29, 2014 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (NYSE MKT: ORC) ("Orchid" or the "Company"), a real estate investment trust ("REIT"), today announced results of operations for the three month period ended June 30, 2014.

Second Quarter 2014 Highlights

Net income of $10.6 million, or $1.17 per common share Second quarter total dividends declared and paid of $0.54 per common share Book Value Per Share of $13.05 at June 30, 2014 9.0% economic gain on common equity for the quarter, or 35.9% annualized, comprised of $0.54 dividend per common share and $0.58... More