On March 18, 2026, Orchid Island Capital, Inc. (NYSE: ORC) announced that its Board of Directors has declared a monthly cash dividend of $0.12 per share for the month of March 2026. This dividend is set to be paid on April 29, 2026, to shareholders on record as of March 31, 2026, with an ex-dividend date also on March 31, 2026. The announcement comes alongside the release of details regarding the company's Residential Mortgage-Backed Securities (RMBS) portfolio as of February 28, 2026. Orchid Island Capital is a specialty finance company that invests in Agency RMBS, focusing on both traditional pass-through and structured Agency RMBS. The company aims to maintain regular monthly cash distributions to its shareholders, adhering to the requirements of being a Real Estate Investment Trust (REIT). The next dividend announcement is expected on April 15, 2026. Investors are advised to consider the company's ability to sustain these distributions in the future, as it is subject to various market conditions and regulatory requirements.
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