ORC stock dividend – Orchid Island Capital Inc Declares 0.16 Cash Dividend
May 27, 2023
Dividends Yield
On May 26, 2023, Orchid Island Capital ($NYSE:ORC) Inc declared a 0.16 cash dividend, continuing the trend of increased dividends per share over the last three years. The dividend yields of the company have been impressive, standing at 17.44%, 16.89%, and 14.72% in the past three years, with the average dividend yield measuring in at 16.35%. This makes for a great option when looking for a reliable dividend stock.
The ex-dividend date for this stock is set to May 30, 2023. Investors looking to take advantage of this opportunity should be aware that the dividend yield may decrease if the stock price rises before the ex-dividend date.
Price History
This news has been met with enthusiasm as the share price of ORCHID ISLAND CAPITAL opened at $9.7 and closed at $10.1, representing an increase of 4.6% from its last closing price of $9.6. This marks the first dividend payment of 2021 for ORCHID ISLAND CAPITAL, and is likely to be seen as a good sign by investors and shareholders alike. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for ORC. More…
| Total Revenues | Net Income | Net Margin |
| -84.86 | -106.2 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for ORC. More…
| Operations | Investing | Financing |
| 172.57 | 317.88 | -731.94 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for ORC. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.27k | 3.81k | 11.55 |
Key Ratios Snapshot
Some of the financial key ratios for ORC are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
As an investor, it’s important to analyze a company’s fundamentals before investing. GoodWhale provides a comprehensive analysis of ORCHID ISLAND CAPITAL’s fundamentals, helping you make an informed decision. According to our Star Chart, ORCHID ISLAND CAPITAL has a low health score of 3/10 when it comes to cashflows and debt, making it less likely to safely ride out any crises without the risk of bankruptcy. ORCHID ISLAND CAPITAL is classified as a ‘cow’, meaning it has a track record of paying out consistent and sustainable dividends. This makes it an ideal choice for investors looking for a steady return on their investments. When it comes to other fundamentals, ORCHID ISLAND CAPITAL is strong in assets, medium in dividends, profitability and weak in growth. This makes it a suitable option for investors who prefer a safer, steady return on their investments. More…
Peers
The company’s competitors include Invesco Mortgage Capital Inc, Chimera Investment Corp, and AGNC Investment Corp.
– Invesco Mortgage Capital Inc ($NYSE:IVR)
Invesco Mortgage Capital Inc is a US-based real estate investment trust. It is engaged in the business of investing in, financing, and managing residential and commercial mortgage-backed securities and other mortgage-related assets.
The company had a market capitalization of $424.93 million as of March 31, 2022. Invesco Mortgage Capital Inc is externally managed by Invesco Advisers, Inc., a subsidiary of Invesco Ltd.
– Chimera Investment Corp ($NYSE:CIM)
Chimera Investment Corporation is a real estate investment trust that focuses on investments in the residential mortgage-backed securities market. The company has a market cap of 1.45B as of 2022. Chimera was founded in 2007 and is headquartered in New York, NY.
– AGNC Investment Corp ($NASDAQ:AGNC)
AGNC Investment Corp is a publicly traded real estate investment trust that invests in residential mortgage-backed securities. The company is headquartered in Bethesda, Maryland, and is externally managed by American Capital Agency Management LLC, a wholly owned subsidiary of American Capital Ltd. As of December 31, 2020, AGNC Investment Corp had a portfolio of $145.6 billion of residential mortgage-backed securities and $5.6 billion of other investments.
Summary
Investing in ORCHID ISLAND CAPITAL is a great option for those looking to benefit from reliable dividend yields. This steady growth has seen dividend yields of 17.44%, 16.89%, and 14.72% respectively, with an average dividend yield of 16.35%.
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