Several dividend stocks are trading near their 52-week lows and are approaching their ex-dividend dates this week. Investors can buy these stocks before their ex-dividend dates arrive and benefit from their dividend payouts later. The list includes (AFG), (CL), (DOC), (HRL), (MAA), (NDMO), (OXSQ), (PDCC), (PG), and (WDFC).
Orchid Island Capital, Inc. (NYSE: ORC) has declared a monthly cash dividend of $0.12 per share for July 2025, payable on August 28, 2025, to shareholders on record as of July 31, 2025. This announcement comes as several dividend stocks, including Orchid Island Capital, are trading near their 52-week lows and approaching their ex-dividend dates this week.
The company's estimated book value per share as of June 30, 2025, stands at $7.21, reflecting a preliminary estimated net loss of $0.29 per share for the quarter. The estimated net loss includes $0.45 per share in realized and unrealized losses on residential mortgage-backed securities (RMBS) and derivatives. The estimated total return on equity for the quarter is (4.7)%, indicating underperformance compared to expectations.
Orchid Island Capital aims to meet the REIT income requirements by distributing at least 90% of its taxable income annually. However, the company has not established a minimum distribution payment level and is not assured of its ability to make future distributions to stockholders, raising concerns about stability.
Several dividend stocks are trading near their 52-week lows and are approaching their ex-dividend dates this week. Investors can buy these stocks before their ex-dividend dates arrive and benefit from their dividend payouts later. The list includes AFG, CL, DOC, HRL, MAA, NDMO, OXSQ, PDCC, PG, and WDFC.
Orchid Island Capital's next dividend announcement is expected on August 13, 2025. The company's monthly dividends are based on estimates of REIT taxable income and may change based on future performance and regulatory updates.
Reference List:
[1] https://www.nasdaq.com/articles/orchid-island-capital-inc-declares-july-2025-monthly-dividend-012-share-reports-estimated
Comments
No comments yet