Orchid Island Capital has announced a cash dividend of $0.120 per share, which is set for distribution on Aug 28, 2025. The company declared this dividend on Jul 9, 2025, with an ex-dividend date of Jul 31, 2025. This dividend represents an increase compared to the average of the past ten dividends, which was $0.112. The previous dividend was also $0.120 per share and was distributed on Jun 27, 2025, continuing the trend of cash dividends.
Recently,
Capital has been navigating through challenging market conditions. Despite reporting a loss of $33.6 million in its second quarter, equivalent to $0.29 per share, the company is focusing on strategic adjustments and liquidity management to overcome economic hurdles. Orchid Island's revenue reached $23.15 million, a significant rise from the anticipated $3.7 million, indicating potential for recovery and resilience amidst adversity.
Over the past week, Orchid Island's financial performance has captured attention, notably missing the forecasted EPS of $0.14 with an actual EPS loss of $0.16. Analysts have highlighted the company's strategic shifts, defensive actions, and wide RMBS spreads as influential factors shaping its future opportunities. These developments underscore the importance of strategic planning in maintaining stability and potential growth in tumultuous markets.
As the ex-dividend date approaches on Jul 31, 2025, investors are reminded that this is the final day to purchase Orchid Island's stock to qualify for the upcoming dividend. Any acquisitions after this date will not include entitlement to the dividend.
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