Orchid Island Capital Declares June 2025 Dividend
Orchid Island Capital, Inc. (NYSE: ORC) is pleased to announce a dividend of $0.12 per share of common stock for June 2025. This decision comes after a board meeting where the Board of Directors approved this monthly cash dividend. Shareholders will receive this payment on July 30, 2025, provided they are on record as of June 30, 2025. The ex-dividend date will also be on June 30, 2025. Investors can anticipate the next dividend announcement on July 9, 2025.
Regular Cash Distributions to Shareholders
The company has assured its intent to provide regular monthly cash distributions to its common stockholders. As a real estate investment trust (REIT), Orchid Island Capital must distribute at least 90% of its taxable income to maintain its REIT status and to avoid incurring income tax liabilities on the undistributed taxable income. Although there is no guaranteed minimum level for dividends, the company remains committed to delivering reliable returns to shareholders.
Current Outstanding Shares Information
As of the latest reports, Orchid Island Capital holds approximately 121,210,845 shares of common stock. Notably, the figure was 119,072,481 shares as of May 31, 2025. Additionally, earlier this year on March 31, 2025, there were about 107,786,614 shares available. This gradual increase reflects the company’s ongoing outreach to potential investors.
Insight into RMBS Portfolio Characteristics
As of May 31, 2025, the company's RMBS (Residential Mortgage-Backed Securities) portfolio reflected the following key characteristics. Although the provided data may undergo necessary revisions, it incorporates estimations based on the data considered reliable by the company. The major components of the RMBS portfolio include:
- Valuation Characteristics of RMBS
- Breakdown of RMBS Assets by Agency
- Results of Investment Company Act of 1940 Whole Pool Tests
- Repurchase Agreement Exposure segmented by Counterparty
- Measures associated with RMBS Risk
About Orchid Island Capital, Inc.
Orchid Island Capital, Inc. is a specialized finance company that significantly invests in Agency RMBS utilizing a leveraged approach. The firm’s investment approach emphasizes two primary categories of Agency RMBS: traditional pass-through Agency RMBS—including mortgage pass-through certificates and collateralized mortgage obligations issued by federal agencies like Fannie Mae and Freddie Mac—as well as structured Agency RMBS. Furthermore, the company is managed by Bimini Advisors, LLC, a registered investment adviser under the SEC.
Frequently Asked Questions
What is the declared dividend for June 2025?
The dividend is set at $0.12 per share for the month of June 2025.
When is the next dividend announcement scheduled?
The next notification for dividends is expected on July 9, 2025.
How does Orchid Island Capital plan to maintain its REIT status?
To uphold its REIT classification, the company must distribute at least 90% of its taxable income annually to shareholders.
What is the current share count of Orchid Island Capital?
As of the latest update, the company has approximately 121,210,845 shares of common stock outstanding.
Who manages Orchid Island Capital?
The firm is managed by Bimini Advisors, LLC, which is registered with the Securities and Exchange Commission.
