Orchid Island Capital declared a monthly cash dividend of $0.10 per share for June 2026, unchanged from the prior month’s payout. The dividend will be paid July 30, 2026 to shareholders of record on June 30, with the stock set to trade ex-dividend on June 30.
The company said it plans to announce its next common stock dividend on July 8, 2026.
At June 9, 2026, Orchid Island had 200,700,226 shares of common stock outstanding, up from 196,700,226 shares outstanding at March 31, 2026. That is an increase of 4,000,000 shares, or about 2.0%, over the quarter.
The company also released preliminary RMBS portfolio data as of May 31, 2026. It said the update includes RMBS valuation characteristics, RMBS assets by agency, Investment Company Act whole pool test results, repurchase agreement exposure by counterparty, and RMBS risk measures. As a result of these announcements, the company's shares have moved 2.71% on the market, and are now trading at a price of $6.625. For more information, read the company's full 8-K submission here.
