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Stockholders of record on Friday, July 29th will be given a dividend of $0.045 per share. The firm also recently declared a monthly dividend, which will be paid on Monday, August 29th. Orchid Island Capital Dividend Announcement The stock's 50-day moving average is $2.98 and its 200-day moving average is $3.18. Orchid Island Capital has a fifty-two week low of $2.44 and a fifty-two week high of $5.17. 1,416,409 shares of the company's stock were exchanged, compared to its average volume of 2,285,526. Shares of ORC traded up $0.02 during mid-day trading on Friday, hitting $3.28. was incorporated in 2010 and is based in Vero Beach, Florida. The company qualifies as a real estate investment trust for federal income tax purposes. Its portfolio includes traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations and structured Agency RMBS comprising interest only securities, inverse interest only securities, and principal only securities. The company's RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS. Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. 7 Agricultural Technology Stocks to Buy as Commodity Prices Remain Volatile.7 Dividend Stocks to Buy When Safety is Your Top Priority.7 Stagflation Stocks to Help Navigate Periods of Low Growth.7 Commodities ETFs to Help Build a Hedge Against Inflation.
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