ORC News and Press, Orchid Island Capital Inc. From 04/27/23

Orchid Island Capital, Inc. (NYSE:ORC) ("Orchid” or the "Company"), a real estate investment trust ("REIT"), today announced results of operations for the three month period ended March 31, 2023. First Quarter 2023 Results Net income of $3.5 million, or $0.09 per common share...

2023-04-21 13:29:56 ET Summary Imagine stocks or funds that pay-out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These April U.S. exchange-traded monthly-paid (MoPay) divi...

2023-04-21 05:42:00 ET Big dividend yields aren't always what they seem even though they tend to attract a lot of investor attention. Today, yield seekers can collect a fat monthly dividend check from Orchid Island Capital (NYSE: ORC) . How fat? Well, the dividend, annualized, equat...

2023-04-19 15:14:08 ET Summary Most mREITs are likely to continue to underperform in a high-rate environment. Some observers are already predicting an end to fed funds rate hikes, but I suspect those predictions could be premature. Over most time periods, even mREIT gaine...

2023-04-19 00:08:06 ET Summary The company decreased its RMBS portfolio in the last quarter which boosted its book value but this was only a temporary solution. 2023 is going to be challenging for ORC. The main priorities of the management do not include a stable and secure di...

2023-04-18 10:54:12 ET Summary Orchid Island Capital is paying out an outsized 17.5% yield monthly but its payouts have declined by around 60% over the last three years. TBV fell to $11.93 per share for its fiscal 2022 fourth quarter, down around 45% from the year-ago comp. Ne...

2023-04-16 09:00:00 ET Summary U.S. equity markets finished broadly higher this past week after a critical slate of inflation data provided further evidence of a definitive cool-down in inflationary pressures. After narrowly snapping a three-week winning streak in the prior week, ...

2023-04-13 10:33:22 ET Orchid Island Capital ( NYSE: ORC ) said on Thursday that it estimates Q1 GAAP EPS of $0.10, which includes an estimated $0.33 per share of net realized and unrealized gains on RMBS and derivative instruments. The company estimates book value per sh...

April 2023 Monthly Dividend of $0.16 Per Share of Common Stock Estimated Book Value Per Share as of March 31, 2023 of $11.56 Estimated GAAP net income of $0.10 per share for the quarter ended March 31, 2023, including an estimated $0.33 per share of net realized and unrealized gains on RM...

Orchid Island Capital, Inc. (NYSE:ORC) ("Orchid” or the "Company"), a real estate investment trust ("REIT"), today announced that it will release results for the first quarter of 2023 following the close of trading on the New York Stock Exchange on Thursday, April 27, 2023. Earnings ...