ORC Ex-Dividend Reminder - 8/22/14

Looking at the universe of stocks we cover at Dividend Channel, on 8/22/14, Orchid Island Capital, Inc. (ORC) will trade ex-dividend, for its monthly dividend of $0.18, payable on 8/29/14. As a percentage of ORC's recent stock price of $14.40, this dividend works out to approximately 1.25%, so look for shares of Orchid Island Capital, Inc. to trade 1.25% lower — all else being equal — when ORC shares open for trading on 8/22/14.

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Below is a dividend history chart for ORC, showing historical dividends prior to the most recent $0.18 declared by Orchid Island Capital, Inc.:

ORC+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ORC is likely to continue, and whether the current estimated yield of 15.00% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of ORC shares, versus its 200 day moving average:

Orchid Island Capital, Inc. 200 Day Moving Average Chart

Looking at the chart above, ORC's low point in its 52 week range is $10.02 per share, with $14.45 as the 52 week high point — that compares with a last trade of $14.40.

In Wednesday trading, Orchid Island Capital, Inc. shares are currently up about 0.3% on the day.

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