Orchid Island Capital, Inc. (ORC) Ex-Dividend Date Scheduled for April 27, 2018

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Orchid Island Capital, Inc. ( ORC ) will begin trading ex-dividend on April 27, 2018. A cash dividend payment of $0.09 per share is scheduled to be paid on May 10, 2018. Shareholders who purchased ORC prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -35.71% decrease from prior dividend payment. At the current stock price of $7.54, the dividend yield is 14.32%.

The previous trading day's last sale of ORC was $7.54, representing a -32.01% decrease from the 52 week high of $11.09 and a 11.44% increase over the 52 week low of $6.77.

ORC is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). ORC's current earnings per share, an indicator of a company's profitability, is $.02. Zacks Investment Research reports ORC's forecasted earnings growth in 2018 as 72.62%, compared to an industry average of 20.5%.

For more information on the declaration, record and payment dates, visit the ORC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

Interested in gaining exposure to ORC through an Exchange Traded Fund [ETF]?
The following ETF(s) have ORC as a top-10 holding:

  • PowerShares KBW High Dividend Yield Financial Portfolio ( KBWD )
  • iShares Trust ( REM )
  • VanEck Vectors Mortgage REIT Income ETF ( MORT ).

The top-performing ETF of this group is KBWD with an decrease of -4.32% over the last 100 days. It also has the highest percent weighting of ORC at 5.92%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , Stocks
Referenced Symbols: ORC , AMT , SPG , KBWD , REM , MORT

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