Orchid Island Capital, Inc. (NYSE: ORC) announced in a filing on September 14, 2026, that its Board of Directors has declared a monthly cash dividend for the month of September 2026. The dividend is set at $0.10 per share of common stock.
The company stated that the dividend will be paid on October 29, 2026. To be eligible for the payment, shareholders must be on the company's record of common stock holders as of September 30, 2026. The ex-dividend date is also scheduled for September 30, 2026.
Following the announcement, Orchid Island Capital reported that as of September 14, 2026, it had 197,407,315 shares of common stock outstanding. The company also disclosed that as of August 31, 2026, the outstanding share count was 198,407,315.
In addition to the dividend announcement, the filing included details regarding the company's Agency RMBS (Residential Mortgage-Backed Securities) portfolio as of August 31, 2026. The company noted that the portfolio figures are preliminary and subject to change. The filing also detailed the company's borrowing arrangements with various counterparties and its hedging activities as of that date.
Orchid Island Capital indicated that it intends to make regular monthly cash distributions to its common stock holders. However, the company cautioned that it has not established a minimum distribution payment level and is not assured of its ability to make distributions to stockholders in the future.
