Orchid Island Capital, Inc. ( ORC ) will begin trading ex-dividend on December 28, 2018. A cash dividend payment of $0.08 per share is scheduled to be paid on January 10, 2019. Shareholders who purchased ORC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th year that ORC the same dividend. At the current stock price of $6.34, the dividend yield is 15.14%.
The previous trading day's last sale of ORC was $6.34, representing a -33.3% decrease from the 52 week high of $9.51 and a 8.75% increase over the 52 week low of $5.83.
ORC is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). ORC's current earnings per share, an indicator of a company's profitability, is -$.46. Zacks Investment Research reports ORC's forecasted earnings growth in 2018 as 71.43%, compared to an industry average of 18.7%.
Interested in gaining exposure to ORC through an Exchange Traded Fund [ETF]?
The following ETF(s) have ORC as a top-10 holding:
- Invesco KBW High Dividend Yield Financial ETF ( KBWD ).
The top-performing ETF of this group is KBWD with an decrease of -16.85% over the last 100 days. It also has the highest percent weighting of ORC at 4.43%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.