Ex-Div Reminder For Orchid Island Capital (ORC)

Looking at the universe of stocks we cover at Dividend Channel, on 6/18/15, Orchid Island Capital, Inc. ( ORC) will trade ex-dividend, for its monthly dividend of $0.18, payable on 6/30/15. As a percentage of ORC's recent stock price of $13.42, this dividend works out to approximately 1.34%, so look for shares of Orchid Island Capital, Inc. to trade 1.34% lower — all else being equal — when ORC shares open for trading on 6/18/15.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

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 16.10% 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

If you liked this article you might like

10 High-Yielding Stocks to Own Ahead of a Surprising Late Summer Market Swoon

Stocks That Are Changing Direction

How Adobe Can Plug the Holes in Its Cloud

Silicon Valley vs. Donald Trump: Who Will Win?

IBM, BA, GE: Jim Cramer's Views