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Orchid Island Capital Announces November 2026 Monthly Dividend and October 31, 2026 RMBS Portfolio Characteristics

ORC
  • Orchid Island Capital, Inc. declared a November 2026 monthly cash dividend of $0.10 per share of common stock.
  • The dividend will be paid on December 31, 2026 to shareholders of record on November 30, 2026.
  • The ex-dividend date for the November 2026 payment is November 30, 2026.
  • The next dividend announcement is expected on December 8, 2026.
  • As of November 10, 2026, the company had 188,601,860 shares of common stock outstanding.
  • Estimated book value per share as of November 6, 2026 ranges from $6.52 to $6.54, representing an 8% to 9% increase from September 30, 2026.
  • The RMBS portfolio fair value totaled $10.63 billion as of October 31, 2026, consisting of 95.1% whole pool assets.
  • Agency RMBS holdings were split between Fannie Mae (51.3%) and Freddie Mac (48.7%) as of October 31, 2026.
  • Total repurchase agreement borrowings amounted to $9.91 billion with a weighted average rate of 4.05% as of October 31, 2026.
  • The company's hedge portfolio includes interest rate swaps, futures, 3-month SOFR futures, 10-year Treasury futures, 10-year Ultra Treasury futures, 3-month SOFR swap futures, 10-year Treasury futures, 10-year Ultra Treasury futures, 3-month SOFR futures, 10-year Treasury futures, 10-year Ultra Treasury futures, 3-month SOFR swap futures, and 10-year Treasury futures.
  • The company intends to distribute at least 90% of its REIT taxable income annually to maintain REIT qualification status.
  • No minimum distribution payment level has been established, future distributions are not assured, 10-year Treasury futures, 10-year Ultra Treasury futures, 3-month SOFR swap futures, and 10-year Treasury futures.
  • The company is managed by Bimini Advisors, LLC, a registered investment adviser with the SEC.
  • Forward-looking statements regarding distributions are included in the press release with no guarantee of occurrence.
Company
Orchid Island Capital, Inc.
Keywords
NYSE:ORC, Orchid Island Capital, Inc., Orchid, Orchid Island, DIVIDEND, Mortgage, REIT