Orchid Island Capital announces monthly cash dividend and estimated financial results for fourth quarter

From GlobeNewswire: 2025-01-08 16:25:24

Orchid Island Capital, Inc. declared a monthly cash dividend of $0.12 per share for January 2025, payable on February 27 to shareholders of record on January 31, with an ex-dividend date of January 31. The estimated book value per share as of December 31, 2024, was $8.09. The company’s estimated GAAP net income for the quarter ended December 31, 2024, was $0.07 per share, including $0.02 per share of net realized and unrealized gains on RMBS and derivative instruments. The estimated total return on equity for the quarter was 0.6%. Next dividend announcement expected on February 12, 2025.



Read more at GlobeNewswire: Orchid Island Capital Announces Estimated Fourth Quarter