Orchid Island Capital Announces December 2024 Monthly Dividend and November 30, 2024 RMBS Portfolio Characteristics
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Orchid Island Capital, Inc. (NYSE: ORC) has declared a monthly cash dividend of $0.12 per share for December 2024, payable on January 30, 2025. The ex-dividend date is December 31, 2024.
December 10, 2024 | 9:30 pm
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POSITIVE IMPACT
Orchid Island Capital has announced a $0.12 per share dividend for December 2024, with payment scheduled for January 30, 2025. This consistent dividend declaration may attract income-focused investors.
The announcement of a consistent monthly dividend is likely to have a positive short-term impact on ORC's stock price as it may attract income-focused investors. The dividend yield is a key factor for investors in REITs like Orchid Island Capital.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100