<div id="readability-page-1"><p><strong>Orchid Island Capital, Inc.</strong> (NYSE:ORC - Get Free Report) announced a monthly dividend on Tuesday, December 9th. Investors of record on Wednesday, December 31st will be given a dividend of 0.12 per share by the real estate investment trust on Thursday, January 29th. This represents a c) dividend on an annualized basis and a yield of 20.1%. The ex-dividend date is Wednesday, December 31st.</p><div><p><span></span><span>Get <strong>Orchid Island Capital</strong> alerts:</span></p></div><ul><li>SoftBank’s Next AI Move? DigitalBridge Rockets 46% on Takeover Buzz</li></ul><p>Orchid Island Capital has decreased its dividend payment by an average of 0.2%per year over the last three years and has raised its dividend every year for the last 1 years. Orchid Island Capital has a payout ratio of 182.3% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Orchid Island Capital to earn $0.43 per share next year, which means the company may not be able to cover its $1.44 annual dividend with an expected future payout ratio of 334.9%. </p><h2>Orchid Island Capital Stock Down 0.3%</h2><p>ORC stock traded down $0.03 during midday trading on Wednesday, reaching $7.17. 576,168 shares of the company's stock traded hands, compared to its average volume of 4,250,335. The company has a 50-day simple moving average of $7.29 and a two-hundred day simple moving average of $7.15. Orchid Island Capital has a 1-year low of $5.68 and a 1-year high of $9.01. The company has a market cap of $1.09 billion, a price-to-earnings ratio of 14.62 and a beta of 1.66. </p><ul><li>Worried About Mag 7 Concentration Risk? This ETF Could Help</li></ul><p>Orchid Island Capital (NYSE:ORC - Get Free Report) last announced its earnings results on Thursday, October 23rd. The real estate investment trust reported $0.16 EPS for the quarter, topping the consensus estimate of $0.15 by $0.01. The business had revenue of $77.52 million for the quarter, compared to the consensus estimate of $25.33 million.  Equities research analysts forecast that  Orchid Island Capital will post 0.37 EPS for the current year. </p><h2>Institutional Trading of Orchid Island Capital</h2><p>Large investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in  Orchid Island Capital by 24.1% during the third quarter. Vanguard Group Inc. now owns 7,917,449 shares of the real estate investment trust's stock worth $55,501,000 after acquiring an additional 1,537,126 shares in the last quarter.  MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of  Orchid Island Capital by 3.9% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,953,916 shares of the real estate investment trust's stock worth $27,717,000 after acquiring an additional 149,251 shares in the last quarter.  Invesco Ltd. raised its position in shares of  Orchid Island Capital by 10.3% during the third quarter. Invesco Ltd. now owns 3,165,436 shares of the real estate investment trust's stock worth $22,190,000 after purchasing an additional 294,547 shares during the period.  Geode Capital Management LLC lifted its holdings in shares of  Orchid Island Capital by 25.0% during the 2nd quarter. Geode Capital Management LLC now owns 2,584,534 shares of the real estate investment trust's stock valued at $18,120,000 after purchasing an additional 516,261 shares in the last quarter.  Finally, Van ECK Associates Corp lifted its holdings in shares of  Orchid Island Capital by 26.6% during the 3rd quarter. Van ECK Associates Corp now owns 1,440,892 shares of the real estate investment trust's stock valued at $10,101,000 after purchasing an additional 302,548 shares in the last quarter. Institutional investors own  32.74% of the company's stock. </p><h2>About Orchid Island Capital</h2> (Get Free Report)<ul><li>Missed the AI Boom? These 2 Crushed Stocks Could Be Your Second Chance</li></ul><p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Orchid Island Capital</li><li>What Investors Must Know About Over-the-Counter (OTC) Stocks</li><li>Why AutoZone’s Stock Drop Could Be a Golden Buying Opportunity</li><li>EV Stocks and How to Profit from Them </li><li>Ollie’s Bargain Outlet Hits Rock-Bottom in Q4: Buy the Dip?</li><li>How to Calculate Retirement Income: MarketBeat’s Calculator</li><li>Insiders Are Selling These 3 Stocks—Here’s Why</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9SQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9SQw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Orchid Island Capital Right Now?</h2><p>Before you consider Orchid Island Capital, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Orchid Island Capital wasn't on the list.</p><p>While Orchid Island Capital currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Orchid Island Capital, Inc. (NYSE:ORC) announced a monthly dividend of $0.12 per share, with a yield of 20.1%. The ex-dividend date is December 31st, and payment is on January 29th. The company has a payout ratio of 182.3%, indicating reliance on its balance sheet for dividend payments. Analysts expect earnings of $0.43 per share next year, raising concerns about covering the $1.44 annual dividend. Institutional investors have increased their holdings in the company.</p>

Orchid Island Capital, Inc. (NYSE:ORC) Announces $0.12 Monthly Dividend