Orchid Island Capital, Inc. (ORC) announced a monthly cash dividend of $0.10 per share for November 2026. The company also provided a preliminary book value per share estimate of $6.52 to $6.54 as of November 6, 2026, reflecting a significant increase from the end of the prior quarter.
Key Details
- November 2026 Dividend: $0.10 per common share, payable on December 31, 2026, to shareholders of record on November 30, 2026.
- Book Value Update: The estimated book value of $6.52 to $6.54 per share as of November 6, 2026, represents an approximate 8% to 9% increase from the book value of $6.02 per share as of September 30, 2026.
- Additional Disclosures: The company also released characteristics of its Residential Mortgage-Backed Securities (RMBS) portfolio as of October 31, 2026.