Orchid Island Capital, Inc. (NYSE: ORC) announced on October 14, 2026, that its Board of Directors has declared a monthly cash dividend for the month of October 2026. The dividend is set at $0.10 per share of common stock. The payment is scheduled for November 27, 2026, to shareholders of record as of October 30, 2026. The ex-dividend date is also October 30, 2026.
In addition to the dividend announcement, the company provided preliminary financial results for the quarter ended September 30, 2026. Orchid Island reported an estimated book value per share of $6.02 as of September 30, 2026. The company also estimated a GAAP net loss per share of $0.90 for the quarter, which includes an estimated $1.17 per share in net realized and unrealized losses on its residential mortgage-backed securities (RMBS) and derivative instruments.
The company noted that the estimated book value, net income, and total return on equity figures are preliminary and subject to change pending review by its independent registered public accounting firm. As of September 30, 2026, the company had 194,661,864 shares of common stock outstanding. The company plans to announce its next common stock dividend on November 10, 2026.