Orchid Island Capital (ORC) Dividends
Market Cap: $762.71M
Avg Volume: 3.89M
Industry: REIT - Mortgage
Sector: Real Estate
Dividend Overview
Orchid Island Capital (ORC) pays a monthly dividend to its shareholders. The current dividend yield is 20.14%, which means that for every $100 invested at the current price, investors would receive approximately $20.14 in dividends per year (this can change based on future dividend payments and price movements).
About ORC's Dividend
Orchid Island Capital pays a monthly dividend of $0.1200 per share. Over the past 12 months, the total dividend has been approximately $1.44 per share.
The most recent ex-dividend date was April 30, 2025. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
Orchid Island Capital's payout ratio is 2.46% which means that 2.46% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
Orchid Island Capital's dividend has decreased by -0.15% over the past year. A decrease in dividends can occur for various reasons, including changes in financial situation or strategic priorities.
ORC Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.12 | 20.14% | April 30, 2025 | April 30, 2025 | May 29, 2025 | April 09, 2025 |
| $0.12 | 19.15% | March 31, 2025 | March 31, 2025 | April 29, 2025 | March 19, 2025 |
| $0.12 | 16.84% | February 28, 2025 | February 28, 2025 | March 28, 2025 | February 12, 2025 |
| $0.12 | 17.25% | January 31, 2025 | January 31, 2025 | February 27, 2025 | January 08, 2025 |
| $0.12 | 18.51% | December 31, 2024 | December 31, 2024 | January 30, 2025 | December 10, 2024 |
| $0.12 | 18.49% | November 29, 2024 | November 29, 2024 | December 30, 2024 | November 13, 2024 |
| $0.12 | 19.02% | October 31, 2024 | October 31, 2024 | November 27, 2024 | October 16, 2024 |
| $0.12 | 17.52% | September 30, 2024 | September 30, 2024 | October 30, 2024 | September 09, 2024 |
| $0.12 | 18.05% | August 30, 2024 | August 30, 2024 | September 27, 2024 | August 14, 2024 |
| $0.12 | 18.91% | July 31, 2024 | July 31, 2024 | August 29, 2024 | July 10, 2024 |
| $0.12 | 20.62% | June 28, 2024 | June 28, 2024 | July 30, 2024 | June 11, 2024 |
| $0.12 | 18.82% | May 31, 2024 | May 31, 2024 | June 27, 2024 | May 08, 2024 |
| $0.12 | 17.54% | April 29, 2024 | April 30, 2024 | May 30, 2024 | April 10, 2024 |
| $0.12 | 19.00% | March 27, 2024 | March 28, 2024 | April 26, 2024 | March 13, 2024 |
| $0.12 | 20.48% | February 28, 2024 | February 29, 2024 | March 26, 2024 | February 14, 2024 |
| $0.12 | 21.57% | January 30, 2024 | January 31, 2024 | February 27, 2024 | January 10, 2024 |
| $0.12 | 22.66% | December 28, 2023 | December 29, 2023 | January 29, 2024 | December 12, 2023 |
| $0.12 | 24.83% | November 29, 2023 | November 30, 2023 | December 27, 2023 | November 15, 2023 |
| $0.12 | 31.60% | October 30, 2023 | October 31, 2023 | November 28, 2023 | October 11, 2023 |
| $0.16 | 24.73% | September 28, 2023 | September 29, 2023 | October 27, 2023 | September 11, 2023 |
| $0.16 | 19.98% | August 30, 2023 | August 31, 2023 | September 27, 2023 | August 16, 2023 |
| $0.16 | 20.05% | July 28, 2023 | July 31, 2023 | August 29, 2023 | July 12, 2023 |
| $0.16 | 19.35% | June 29, 2023 | June 30, 2023 | July 27, 2023 | June 14, 2023 |
| $0.16 | 20.24% | May 30, 2023 | May 31, 2023 | June 28, 2023 | May 10, 2023 |
| $0.16 | 21.93% | April 27, 2023 | April 28, 2023 | May 26, 2023 | April 12, 2023 |
| $0.16 | 20.74% | March 30, 2023 | March 31, 2023 | April 26, 2023 | March 09, 2023 |
| $0.16 | 19.74% | February 27, 2023 | February 28, 2023 | March 29, 2023 | February 15, 2023 |
| $0.16 | 19.90% | January 30, 2023 | January 31, 2023 | February 24, 2023 | January 11, 2023 |
| $0.16 | 23.09% | December 29, 2022 | December 30, 2022 | January 27, 2023 | December 13, 2022 |
| $0.16 | 24.70% | November 29, 2022 | November 30, 2022 | December 28, 2022 | November 09, 2022 |
| $0.16 | 31.02% | October 28, 2022 | October 31, 2022 | November 28, 2022 | October 12, 2022 |
| $0.16 | 40.09% | September 29, 2022 | September 30, 2022 | October 27, 2022 | September 12, 2022 |
| $0.032 | 23.22% | August 30, 2022 | August 31, 2022 | September 28, 2022 | August 17, 2022 |
| $0.045 | 22.31% | July 28, 2022 | July 29, 2022 | August 29, 2022 | July 13, 2022 |
| $0.045 | 24.29% | June 29, 2022 | June 30, 2022 | July 27, 2022 | June 14, 2022 |
| $0.045 | 25.08% | May 27, 2022 | May 31, 2022 | June 28, 2022 | May 11, 2022 |
| $0.045 | 27.35% | April 28, 2022 | April 29, 2022 | May 27, 2022 | April 13, 2022 |
| $0.045 | 22.49% | March 30, 2022 | March 31, 2022 | April 27, 2022 | March 16, 2022 |
| $0.055 | 24.34% | February 25, 2022 | February 28, 2022 | March 29, 2022 | February 16, 2022 |
| $0.055 | 21.47% | January 28, 2022 | January 31, 2022 | February 24, 2022 | January 13, 2022 |
| $0.065 | 16.96% | December 30, 2021 | December 31, 2021 | January 27, 2022 | December 09, 2021 |
| $0.065 | 16.46% | November 29, 2021 | November 30, 2021 | December 29, 2021 | November 09, 2021 |
| $0.065 | 17.07% | October 28, 2021 | October 29, 2021 | November 26, 2021 | October 12, 2021 |
| $0.065 | 15.85% | September 29, 2021 | September 30, 2021 | October 27, 2021 | September 16, 2021 |
| $0.065 | 15.60% | August 30, 2021 | August 31, 2021 | September 28, 2021 | August 18, 2021 |
| $0.065 | 15.29% | July 29, 2021 | July 30, 2021 | August 27, 2021 | July 14, 2021 |
| $0.065 | 14.82% | June 29, 2021 | June 30, 2021 | July 28, 2021 | June 15, 2021 |
| $0.065 | 14.99% | May 27, 2021 | May 28, 2021 | June 28, 2021 | May 12, 2021 |
| $0.065 | 14.86% | April 29, 2021 | April 30, 2021 | May 26, 2021 | April 14, 2021 |
| $0.065 | 12.52% | March 30, 2021 | March 31, 2021 | April 28, 2021 | March 17, 2021 |
| $0.065 | 14.89% | February 25, 2021 | February 26, 2021 | March 29, 2021 | February 10, 2021 |
| $0.065 | 16.01% | January 28, 2021 | January 29, 2021 | February 24, 2021 | January 14, 2021 |
| $0.065 | 15.19% | December 30, 2020 | December 31, 2020 | January 27, 2021 | December 15, 2020 |
| $0.065 | 14.69% | November 27, 2020 | November 30, 2020 | December 29, 2020 | November 12, 2020 |
| $0.065 | 16.02% | October 29, 2020 | October 30, 2020 | November 25, 2020 | October 14, 2020 |
| $0.065 | 16.53% | September 29, 2020 | September 30, 2020 | October 28, 2020 | September 16, 2020 |
| $0.065 | 18.06% | August 28, 2020 | August 31, 2020 | September 28, 2020 | August 19, 2020 |
| $0.06 | 17.13% | July 30, 2020 | July 31, 2020 | August 27, 2020 | July 15, 2020 |
| $0.055 | 18.83% | June 29, 2020 | June 30, 2020 | July 29, 2020 | June 16, 2020 |
| $0.055 | 23.40% | May 28, 2020 | May 29, 2020 | June 26, 2020 | May 13, 2020 |
| $0.055 | 22.86% | April 29, 2020 | April 30, 2020 | May 27, 2020 | April 08, 2020 |
| $0.08 | 32.54% | March 30, 2020 | March 31, 2020 | April 28, 2020 | March 18, 2020 |
| $0.08 | 17.57% | February 27, 2020 | February 28, 2020 | March 27, 2020 | February 12, 2020 |
| $0.08 | 15.79% | January 30, 2020 | January 31, 2020 | February 26, 2020 | January 16, 2020 |
| $0.08 | 16.44% | December 30, 2019 | December 31, 2019 | January 31, 2020 | December 12, 2019 |
| $0.08 | 18.41% | November 27, 2019 | November 29, 2019 | December 31, 2019 | November 13, 2019 |
| $0.08 | 17.36% | October 30, 2019 | October 31, 2019 | November 29, 2019 | October 17, 2019 |
| $0.08 | 18.41% | September 27, 2019 | September 30, 2019 | October 31, 2019 | September 13, 2019 |
| $0.08 | 18.60% | August 29, 2019 | August 30, 2019 | September 30, 2019 | August 14, 2019 |
| $0.08 | 14.08% | July 30, 2019 | July 31, 2019 | August 30, 2019 | July 17, 2019 |
| $0.08 | 16.64% | June 27, 2019 | June 28, 2019 | July 31, 2019 | June 11, 2019 |
| $0.08 | 15.96% | May 30, 2019 | May 31, 2019 | June 28, 2019 | May 15, 2019 |
| $0.08 | 14.93% | April 29, 2019 | April 30, 2019 | May 31, 2019 | April 17, 2019 |
| $0.08 | 15.20% | March 28, 2019 | March 29, 2019 | April 30, 2019 | March 13, 2019 |
| $0.08 | 16.62% | February 27, 2019 | February 28, 2019 | March 08, 2019 | February 13, 2019 |
| $0.08 | 14.88% | January 30, 2019 | January 31, 2019 | February 08, 2019 | January 10, 2019 |
| $0.08 | 18.79% | December 28, 2018 | December 31, 2018 | January 10, 2019 | December 10, 2018 |
| $0.08 | 18.70% | November 29, 2018 | November 30, 2018 | December 10, 2018 | November 14, 2018 |
| $0.08 | 18.65% | October 30, 2018 | October 31, 2018 | November 09, 2018 | October 17, 2018 |
| $0.08 | 19.17% | September 27, 2018 | September 28, 2018 | October 10, 2018 | September 17, 2018 |
| $0.08 | 16.44% | August 30, 2018 | August 31, 2018 | September 10, 2018 | August 15, 2018 |
| $0.09 | 16.93% | July 30, 2018 | July 31, 2018 | August 10, 2018 | July 18, 2018 |
| $0.09 | 18.93% | June 28, 2018 | June 29, 2018 | July 10, 2018 | June 19, 2018 |
| $0.09 | 19.73% | May 30, 2018 | May 31, 2018 | June 08, 2018 | May 17, 2018 |
| $0.09 | 20.77% | April 27, 2018 | April 30, 2018 | May 10, 2018 | April 12, 2018 |
| $0.09 | 21.42% | March 28, 2018 | March 29, 2018 | April 10, 2018 | March 08, 2018 |
| $0.11 | 22.28% | February 27, 2018 | February 28, 2018 | March 09, 2018 | February 14, 2018 |
| $0.11 | 21.02% | January 30, 2018 | January 31, 2018 | February 09, 2018 | January 10, 2018 |
| $0.14 | 17.85% | December 28, 2017 | December 29, 2017 | January 10, 2018 | December 13, 2017 |
| $0.14 | 17.54% | November 29, 2017 | November 30, 2017 | December 08, 2017 | November 08, 2017 |
| $0.14 | 16.90% | October 30, 2017 | October 31, 2017 | November 10, 2017 | October 11, 2017 |
| $0.14 | 16.49% | September 28, 2017 | September 29, 2017 | October 10, 2017 | September 15, 2017 |
| $0.14 | 17.41% | August 29, 2017 | August 31, 2017 | September 08, 2017 | August 10, 2017 |
| $0.14 | 17.59% | July 27, 2017 | July 31, 2017 | August 10, 2017 | July 13, 2017 |
| $0.14 | 16.90% | June 28, 2017 | June 30, 2017 | July 10, 2017 | June 14, 2017 |
| $0.14 | 16.63% | May 26, 2017 | May 31, 2017 | June 09, 2017 | May 11, 2017 |
| $0.14 | 15.25% | April 26, 2017 | April 28, 2017 | May 10, 2017 | April 13, 2017 |
| $0.14 | 16.78% | March 29, 2017 | March 31, 2017 | April 10, 2017 | March 09, 2017 |
| $0.14 | 16.95% | February 24, 2017 | February 28, 2017 | March 10, 2017 | February 10, 2017 |
| $0.14 | 13.93% | January 27, 2017 | January 31, 2017 | February 10, 2017 | January 12, 2017 |
| $0.14 | 15.58% | December 28, 2016 | December 30, 2016 | January 10, 2017 | December 09, 2016 |
| $0.14 | 15.63% | November 28, 2016 | November 30, 2016 | December 09, 2016 | November 10, 2016 |
| $0.14 | 15.61% | October 25, 2016 | October 27, 2016 | October 31, 2016 | October 13, 2016 |
| $0.14 | 15.89% | September 26, 2016 | September 28, 2016 | September 30, 2016 | September 13, 2016 |
| $0.14 | 15.70% | August 25, 2016 | August 29, 2016 | August 31, 2016 | August 11, 2016 |
| $0.14 | 15.47% | July 25, 2016 | July 27, 2016 | July 29, 2016 | July 14, 2016 |
| $0.14 | 16.25% | June 24, 2016 | June 28, 2016 | June 30, 2016 | June 10, 2016 |
| $0.14 | 16.49% | May 24, 2016 | May 26, 2016 | May 31, 2016 | May 12, 2016 |
| $0.14 | 18.27% | April 22, 2016 | April 26, 2016 | April 29, 2016 | April 14, 2016 |
| $0.14 | 17.63% | March 23, 2016 | March 28, 2016 | March 31, 2016 | March 10, 2016 |
| $0.14 | 19.35% | February 22, 2016 | February 24, 2016 | February 29, 2016 | February 11, 2016 |
| $0.14 | 23.57% | January 22, 2016 | January 26, 2016 | January 29, 2016 | January 12, 2016 |
| $0.14 | 19.86% | December 22, 2015 | December 24, 2015 | December 30, 2015 | December 11, 2015 |
| $0.14 | 23.65% | November 20, 2015 | November 24, 2015 | November 30, 2015 | November 11, 2015 |
| $0.14 | 21.54% | October 22, 2015 | October 26, 2015 | October 30, 2015 | October 09, 2015 |
| $0.14 | 21.12% | September 23, 2015 | September 25, 2015 | September 30, 2015 | September 14, 2015 |
| $0.14 | 24.88% | August 24, 2015 | August 26, 2015 | August 31, 2015 | August 12, 2015 |
| $0.14 | 25.67% | July 23, 2015 | July 27, 2015 | July 31, 2015 | July 10, 2015 |
| $0.18 | 17.81% | June 18, 2015 | June 22, 2015 | June 30, 2015 | June 10, 2015 |
| $0.18 | 16.85% | May 21, 2015 | May 26, 2015 | May 29, 2015 | May 12, 2015 |
| $0.18 | 16.62% | April 23, 2015 | April 27, 2015 | April 30, 2015 | April 10, 2015 |
| $0.18 | 16.05% | March 25, 2015 | March 27, 2015 | March 31, 2015 | March 11, 2015 |
| $0.18 | 15.51% | February 23, 2015 | February 25, 2015 | February 27, 2015 | February 11, 2015 |
| $0.18 | 17.81% | January 22, 2015 | January 26, 2015 | January 30, 2015 | January 14, 2015 |
| $0.18 | 16.36% | December 23, 2014 | December 26, 2014 | December 30, 2014 | December 10, 2014 |
| $0.18 | 16.53% | November 21, 2014 | November 25, 2014 | November 28, 2014 | November 13, 2014 |
| $0.18 | 14.41% | October 24, 2014 | October 28, 2014 | October 31, 2014 | October 10, 2014 |
| $0.18 | 15.34% | September 23, 2014 | September 25, 2014 | September 30, 2014 | September 10, 2014 |
| $0.18 | 15.31% | August 22, 2014 | August 26, 2014 | August 29, 2014 | August 13, 2014 |
| $0.18 | 14.43% | July 24, 2014 | July 28, 2014 | July 31, 2014 | July 11, 2014 |
| $0.18 | 14.77% | June 23, 2014 | June 25, 2014 | June 30, 2014 | June 12, 2014 |
| $0.18 | 15.86% | May 22, 2014 | May 27, 2014 | May 30, 2014 | May 09, 2014 |
| $0.18 | 14.94% | April 23, 2014 | April 25, 2014 | April 30, 2014 | April 09, 2014 |
| $0.18 | 14.73% | March 24, 2014 | March 26, 2014 | March 31, 2014 | March 12, 2014 |
| $0.18 | 12.84% | February 21, 2014 | February 25, 2014 | February 28, 2014 | February 12, 2014 |
| $0.18 | 11.81% | January 23, 2014 | January 27, 2014 | January 31, 2014 | January 10, 2014 |
| $0.18 | 9.78% | December 23, 2013 | December 26, 2013 | December 30, 2013 | December 12, 2013 |
| $0.135 | 8.74% | November 21, 2013 | November 25, 2013 | November 27, 2013 | November 13, 2013 |
| $0.135 | 7.55% | October 23, 2013 | October 25, 2013 | October 31, 2013 | October 11, 2013 |
| $0.135 | 7.26% | September 23, 2013 | September 25, 2013 | September 30, 2013 | September 11, 2013 |
| $0.135 | 6.36% | August 22, 2013 | August 26, 2013 | August 30, 2013 | August 13, 2013 |
| $0.135 | 4.40% | July 23, 2013 | July 25, 2013 | July 31, 2013 | July 10, 2013 |
| $0.135 | 3.42% | June 21, 2013 | June 25, 2013 | June 28, 2013 | June 11, 2013 |
| $0.135 | 2.01% | May 23, 2013 | May 28, 2013 | May 31, 2013 | May 13, 2013 |
| $0.135 | 1.02% | April 23, 2013 | April 25, 2013 | April 30, 2013 | April 15, 2013 |
| $0.135 | 0.95% | March 21, 2013 | March 25, 2013 | March 27, 2013 | March 13, 2013 |
Dividend Growth
Orchid Island Capital (ORC) dividend payments have decreased -14.55% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for ORC
- Dividend Payout Ratio: 2.46% Low risk
- Dividend & Capex Coverage Ratio: 0.72x Weak coverage
- Dividend Frequency: Monthly
- Recent Dividend Growth: -0.15% Negative
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. Orchid Island Capital's payout ratio is 2.46% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 0.72x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This ratio below 1.0x indicates Orchid Island Capital may need to use cash reserves or debt to fund dividends and investments, which could be unsustainable long-term.
Orchid Island Capital's monthly dividend frequency can be attractive for income-oriented investors seeking regular cash flow, but requires the company to maintain consistent short-term profitability or cash reserves.
Orchid Island Capital's dividend growth rate of -0.15% is negative, which may signal financial challenges or a shift in capital allocation priorities.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.