Cash Dividend On The Way From Orchid Island Capital (ORC)

Looking at the universe of stocks we cover at Dividend Channel, on 5/21/15, Orchid Island Capital, Inc. ( ORC) will trade ex-dividend, for its monthly dividend of $0.18, payable on 5/29/15. As a percentage of ORC's recent stock price of $14.15, this dividend works out to approximately 1.27%, so look for shares of Orchid Island Capital, Inc. to trade 1.27% lower — all else being equal — when ORC shares open for trading on 5/21/15.

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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.:


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 15.27% 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 $12.50 per share, with $14.99 as the 52 week high point — that compares with a last trade of $14.15.

In Tuesday trading, Orchid Island Capital, Inc. shares are currently up about 0.1% on the day.

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