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Stock impact report

Orchid Island Capital Announces June 2019 Monthly Dividend and May 31, 2019 RMBS Portfolio Characteristics

Orchid Island Capital, Inc. (ORC) 
Last orchid island capital, inc. earnings: 10/24 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
June 2019 Monthly Dividend of $0.08 Per ShareRMBS Portfolio Characteristics as of May 31, 2019Next Dividend Announcement Expected July 17, 2019 VERO BEACH, Fla., June 11, 2019 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (the “Company”) (NYSE:ORC) announced today that the Board of Directors (the “Board”) declared a monthly cash dividend for the month of June 2019. The dividend of $0.08 per share will be paid July 31, 2019, to holders of record on June 28, 2019, with an ex-dividend date of June 27, 2019.  The Company plans on announcing its next dividend after the Board’s meeting on July 17, 2019. The Company intends to make regular monthly cash distributions to its stockholders. In order to qualify as a real estate investment trust (“REIT”), the Company must distribute annually to its stockholders an amount at least equal to 90% of its REIT taxable income, determined without regard to the deduction for dividends paid and excluding any net capital gain. The Company will be subje Show less Read more
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