Orchid Island Capital has declared a $0.12/share monthly dividend, in line with previous dividends. The forward yield is 19.83%. The dividend is payable on Nov. 26 for shareholders of record on Oct. 31, with an ex-dividend date of Oct. 31.
Orchid Island Capital, Inc. (NYSE: ORC) has announced a monthly cash dividend of $0.12 per share for October 2025. The dividend will be paid on November 26, 2025, to shareholders of record on October 31, 2025, with an ex-dividend date of October 31, 2025. This is in line with the company's previous dividend payouts.
The forward yield based on the current stock price is approximately 19.83%, indicating a strong dividend return for investors. Orchid Island Capital has committed to making regular monthly cash distributions to its shareholders. However, it is important to note that the company is not assured of its ability to make future distributions, as it must distribute at least 90% of its REIT taxable income annually to qualify as a real estate investment trust (REIT).
As of October 15, 2025, the company has 151,711,940 shares of common stock outstanding, compared to 148,239,401 shares at the end of September 2025 and 126,566,926 shares at the end of June 2025. The estimated book value per share as of September 30, 2025, was $7.33, computed by dividing the total stockholders' equity by the total number of outstanding shares.
The company estimates it generated a net income per share of $0.53 for the quarter ended September 30, 2025, which includes an estimated net realized and unrealized gains on RMBS and derivative instruments of $0.37 per share. The total dividends declared during the quarter were $0.36 per share. The company's estimated total return on equity for the quarter was 6.6%, with a total return of $0.48 per share, comprised of dividends per share of $0.36 and an increase in book value per share of $0.12 from June 30, 2025.
Orchid Island Capital invests in Agency RMBS on a leveraged basis, focusing on traditional pass-through Agency RMBS and structured Agency RMBS. The company is managed by Bimini Advisors, LLC, a registered investment adviser with the Securities and Exchange Commission.
This press release contains forward-looking statements, including the company's distributions, which are based upon Orchid Island Capital's present expectations but are not guaranteed to occur. Investors should refer to the "Risk Factors" section of the company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, for further discussion of the factors that could affect outcomes.
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