Orchid Island Capital, Inc.

NYSE:ORC Stock Report

Market Cap: US$530.8m

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 yield12.1%
Next dividend pay date30 Jul 24
Ex dividend date28 Jun 24
Dividend per sharen/a
Earnings per share-US$0.37
Dividend yield forecast in 3Y17.3%

Recent dividend updates

Recent updates

Orchid Island Capital: Decent Results But Long-Term Issues Remain

Apr 25

Orchid Island Capital: Another Heavy Leverage, High Yield REIT

Jan 11

Orchid Island Capital: Still A Bad Investment Choice

Dec 13

Orchid Island Capital: 21% Dividend Yield May Be Cut As Net Interest Income Crumbles

Sep 09

Orchid Island Capital: Looks Like A Yield Trap

Jul 07

Orchid Island Capital declares $0.16 dividend

Feb 15

Orchid Island Capital declares $0.16 dividend

Jan 11

Orchid Island Capital declares $0.16 dividend

Dec 13

Orchid Island Capital declares $0.16 dividend

Nov 09

Orchid Island Capital EPS of -$2.40, Net interest income of $14.25M

Oct 27

Orchid Island Capital: Bankruptcy Appears Likely As Rate-Shock Worsens

Oct 11

Orchid Island Capital: Finally Not Awful

Sep 20

Orchid Island Capital declares $0.16 dividend

Sep 12

Orchid Island Capital: Insolvency Risks Grow As Fed Considers MBS Sales

Aug 24

Orchid Island Capital announces 1-for-5 reverse stock split, monthly dividend

Aug 17

Orchid Island Capital declares $0.045 dividend

Jul 13

Orchid Island Capital: Tempting 18% Yield But Stay Far Away From This Island!

Jun 03

Upcoming Dividend Payment

TodayJun 16 2024Ex Dividend DateJun 28 2024Dividend Pay DateJul 30 202432 days from Ex DividendBuy in the next 12 days to receive the upcoming dividend

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
How does ORC dividend yield compare to the market?
SegmentDividend Yield
Company (ORC)17.0%
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.8%
Industry Average (Mortgage REITs)12.1%
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 (1.55%).

High Dividend: ORC's dividend (17.04%) is in the top 25% of dividend payers in the US market (4.81%)


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.


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