Orchid Island Capital Announces Estimated Fourth Quarter 2024 Results January 2025 Monthly Dividend and December 31, 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 January 2025, payable on February 27, 2025. The ex-dividend date is January 31, 2025. The company will announce its next dividend on February 12, 2025.
January 08, 2025 | 9:45 pm
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POSITIVE IMPACT
Orchid Island Capital has declared a monthly dividend of $0.12 per share for January 2025, with payment on February 27, 2025. This consistent dividend policy may attract income-focused investors.
The announcement of a consistent monthly dividend is likely to positively impact ORC's stock price in the short term 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