Orchid Island Capital (ORC) Declares $0.18 Monthly Dividend; 15.2% Yield

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Go back to Orchid Island Capital (ORC) Declares $0.18 Monthly Dividend; 15.2% Yield

Orchid Island Capital Announces August 2014 Monthly Dividend and July 31, 2014 RMBS Portfolio Characteristics

August 12, 2014 5:44 PM EDT

August 2014 Monthly Dividend of $0.18 Per Share RMBS Portfolio Characteristics as of July 31, 2014

VERO BEACH, Fla., Aug. 12, 2014 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (the "Company") (NYSE MKT: ORC) announced that today the Board of Directors declared a monthly cash dividend for the month of August 2014. The dividend of $0.18 per share will be paid August 29, 2014, to holders of record on August 26, 2014, with an ex-dividend date of August 22, 2014.

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