Orchid Island Capital Dividends and Buybacks
Dividend criteria checks 2/6
Orchid Island Capital is a dividend paying company with a current yield of 18.16%. Next payment date is on 30th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
18.2%
Dividend yield
-34.5%
Buyback Yield
| Total Shareholder Yield | -16.3% |
| Future Dividend Yield | 18.4% |
| Dividend Growth | 1.1% |
| Next dividend pay date | 30 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | US$1.440 |
| Payout ratio | 142% |
Recent dividend and buyback updates
Recent updates
Assessing Orchid Island's Preliminary Results For Q3 2024
Nov 14Orchid Island Capital: High-Yield Just Fair Value At Best
Oct 14Orchid Island Capital: Q2 Earnings Show No Signs Of Turning Around
Jul 29Assessing Orchid Island's Performance For Q2 2024
Jul 22Orchid Island Capital: Decent Results But Long-Term Issues Remain
Apr 25Orchid Island Capital: Another Heavy Leverage, High Yield REIT
Jan 11Orchid Island Capital: Still A Bad Investment Choice
Dec 13Orchid Island Capital: 21% Dividend Yield May Be Cut As Net Interest Income Crumbles
Sep 09Orchid Island Capital: Looks Like A Yield Trap
Jul 07Orchid Island Capital declares $0.16 dividend
Feb 15Orchid Island Capital declares $0.16 dividend
Jan 11Orchid Island Capital declares $0.16 dividend
Dec 13Orchid Island Capital declares $0.16 dividend
Nov 09Orchid Island Capital EPS of -$2.40, Net interest income of $14.25M
Oct 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ORC's dividend payments have been volatile in the past 10 years.
Growing Dividend: ORC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Orchid Island Capital Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ORC) | 18.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Mortgage REITs) | 12.4% |
| Analyst forecast (ORC) (up to 3 years) | 18.4% |
Notable Dividend: ORC's dividend (18.16%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: ORC's dividend (18.16%) is in the top 25% of dividend payers in the US market (4.51%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (142.4%), ORC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1306.9%), ORC's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:09 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Orchid Island Capital, Inc. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Testa | B. Riley Wealth |
| Jason Stewart | Janney Montgomery Scott LLC |
| Trevor Cranston | JMP Securities |