Orchid Island Capital reported a disappointing Q3 2024 with a 2.1% BV decrease, contrary to my projected 0.8% increase. ORC's strategy of purchasing higher coupon MBS negatively impacted BV, and the lack of new hedges exacerbated valuation losses. Despite the BV decline, ORC's core earnings/EAD equivalent metric showed slight improvement, driven by plateaued borrowing costs and investment portf...
VERO BEACH, Fla., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors of the Company declared a monthly cash dividend for the month of November 2024. The dividend of $0.12 per share will be paid December 30, 2024 to holders of record of the Company's common stock on November 29, 2024, with an ex-dividend date of N...
Created in 1974, the Wilshire 5000 Index was intended to be a market-weighted index of the combined NYSE, NASDAQ, and American Stock Exchange (since merged with NASDAQ in 1998).
Orchid Island Capital, Inc. (NYSE:ORC ) Q3 2024 Earnings Conference Call October 25, 2024 10:00 AM ET Company Participants Robert Cauley - Chairman and CEO Hunter Haas - CFO Conference Call Participants Jason Weaver - JonesTrading Mikhail Goberman - Citizens JMP Jason Stewart - Janney Montgomery Scott Christopher Nolan - Landenburg Thalmann & Co. Eric Hagen - BTIG Operator Good morning and welc...
VERO BEACH, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (NYSE:ORC) ("Orchid” or the "Company"), a real estate investment trust ("REIT"), today announced results of operations for the three month period ended September 30, 2024.
We've got three shares where big yields are offset by one flaw or another. I recently closed out my position in one of these shares for a gain of more than 40%. Great choice about 17 months ago. Not as great today. I'll include an alternative from my portfolio that still offers an attractive yield for investors.
Since May 2017, any dividend-paying stock mentioned by readers is included in my reader favorite listings, highlighting potential opportunities and risks. My stock lists aim to identify promising dividend stocks, using a contrarian investing strategy, primarily for new buyers seeking high-yield opportunities. Reader feedback is crucial for correcting errors and refining strategies, including su...
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