Orchid Island Capital, Inc. Declares Monthly Cash Dividend

VERO BEACH, Fla., Feb. 12, 2025 (GLOBE NEWSWIRE) — Orchid Island Capital, Inc. (NYSE: ORC) announced today that the Board of Directors of the Company declared a monthly cash dividend for the month of February 2025. The dividend of $0.12 per share will be paid March 28, 2025 to holders of record of the Company’s common stock on February 28, 2025, with an ex-dividend date of February 28, 2025. The Company plans on announcing its next common stock dividend on March 19, 2025.

Orchid Island Capital, Inc. has made an exciting announcement regarding its monthly cash dividend for February 2025. This news is sure to be welcomed by investors who hold shares of the Company’s common stock, as they will be receiving a dividend of $0.12 per share on March 28, 2025. Shareholders of record as of February 28, 2025 will be eligible to receive this dividend, with an ex-dividend date also set for February 28, 2025. The Company has set the date of March 19, 2025 for the announcement of its next common stock dividend.

This move by Orchid Island Capital, Inc. is an indication of the Company’s commitment to providing returns to its shareholders. By declaring a monthly cash dividend, the Company is sharing its success with those who have invested in its common stock. This can be seen as a positive sign of the Company’s financial health and stability.

Overall, this announcement is likely to generate positive sentiment among investors and may attract new investors who are looking for opportunities to earn regular income from their investments. The Company’s proactive approach to dividend payments demonstrates a strong focus on shareholder value and long-term growth.

How will this affect me?

As a shareholder of Orchid Island Capital, Inc., this announcement means that you will be receiving a monthly cash dividend of $0.12 per share for the month of February 2025. This can provide you with a source of regular income from your investment in the Company’s common stock. It also reflects positively on the Company’s financial performance and commitment to shareholders, which may impact the value of your investment in the long run.

How will this affect the world?

While the announcement of Orchid Island Capital, Inc.’s monthly cash dividend may not have a direct impact on the world at large, it is indicative of the broader financial landscape. Companies that choose to share their profits with shareholders through dividends contribute to the overall stability and growth of the stock market. This practice also plays a role in attracting investors and maintaining confidence in the financial system.

Conclusion

Orchid Island Capital, Inc.’s declaration of a monthly cash dividend for February 2025 is a positive development for shareholders and reflects the Company’s commitment to providing value to investors. This announcement may have a favorable impact on investors who receive the dividend and can contribute to the overall health of the stock market. As the Company continues to focus on shareholder value and financial strength, it is likely to attract more investors and maintain a strong position in the market.