Orchid Island Capital, Inc. announced on November 10, 2026, that its Board of Directors has declared a monthly cash dividend for the month of November 2026. The dividend is set at $0.10 per share of the company's common stock. Payment is scheduled for December 31, 2026, to shareholders of record as of November 30, 2026. The ex-dividend date for this distribution is also November 30, 2026.
The company also disclosed details regarding its portfolio and financial metrics as of October 31, 2026. As of that date, Orchid Island Capital reported total mortgage assets of approximately $10.63 billion. The portfolio consists of $5.45 billion in assets backed by Fannie Mae and $5.17 billion backed by Freddie Mac. The company reported that 95.1% of its assets are classified as whole pool assets, while 4.9% are non-whole pool assets.
Regarding its balance sheet, the company reported total borrowings of $9.91 billion as of October 31, 2026. The weighted average maturity of these borrowings was 28 days. The company also provided an update on its estimated book value per share. As of November 6, 2026, the company estimates its book value per share to be between $6.52 and $6.54. This represents an increase of approximately 8% to 9% compared to the book value of $6.02 per share reported as of September 30, 2026.
Orchid Island Capital intends to continue making regular monthly cash distributions to its common stockholders. The company noted that it has not established a minimum distribution payment level and cannot assure investors of its ability to make distributions in the future. Additionally, the company stated that it plans to announce its next common stock dividend on December 8, 2026.
