Orchid Island Capital Dividend
Dividend criteria checks 2/6
Orchid Island Capital is a dividend paying company with a current yield of 17.04%. Next payment date is on 30th July, 2024 with an ex-dividend date of 28th June, 2024.
Key information
17.0%
Dividend yield
-350%
Payout ratio
| Industry average yield | 12.0% |
| Next dividend pay date | 30 Jul 24 |
| Ex dividend date | 28 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | -US$0.37 |
| Dividend yield forecast in 3Y | 17.3% |
Recent dividend updates
Recent updates
Orchid 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 27Orchid Island Capital: Bankruptcy Appears Likely As Rate-Shock Worsens
Oct 11Orchid Island Capital: Finally Not Awful
Sep 20Orchid Island Capital declares $0.16 dividend
Sep 12Orchid Island Capital: Insolvency Risks Grow As Fed Considers MBS Sales
Aug 24Orchid Island Capital announces 1-for-5 reverse stock split, monthly dividend
Aug 17Orchid Island Capital declares $0.045 dividend
Jul 13Orchid Island Capital: Tempting 18% Yield But Stay Far Away From This Island!
Jun 03Upcoming Dividend Payment
Stability 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) | 17.0% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Mortgage REITs) | 12.0% |
| Analyst forecast in 3 Years (ORC) | 17.3% |
Notable Dividend: ORC's dividend (17.04%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: ORC's dividend (17.04%) is in the top 25% of dividend payers in the US market (4.79%)
Earnings Payout to Shareholders
Earnings Coverage: ORC is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (162.6%), ORC's dividend payments are not well covered by cash flows.