Orchid Island Capital (NYSE:ORC – Get Free Report) will post its quarterly earnings results after the market closes on Thursday, April 25th. Individual that wish to register for the company’s earnings conference call can do so using this link.
Orchid Island Capital Trading Up 0.6 %
Shares of NYSE ORC opened at $8.31 on Tuesday. The stock has a market cap of $426.30 million, a P/E ratio of -10.13 and a beta of 1.83. Orchid Island Capital has a 12-month low of $5.90 and a 12-month high of $11.27. The business’s fifty day simple moving average is $8.55 and its 200-day simple moving average is $8.05.
Orchid Island Capital Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Thursday, May 30th. Stockholders of record on Tuesday, April 30th will be paid a $0.12 dividend. This represents a $1.44 annualized dividend and a dividend yield of 17.33%. The ex-dividend date of this dividend is Monday, April 29th. Orchid Island Capital’s payout ratio is currently -175.61%.
Analyst Ratings Changes
Check Out Our Latest Analysis on Orchid Island Capital
Orchid Island Capital Company Profile
Orchid Island Capital, Inc, a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS. Its portfolio includes traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS comprising interest only securities, inverse interest only securities, and principal only securities.
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