Dividend Growth of Orchid Island Capital, Inc.(ORC)

Orchid Island Capital(ORC) is having a Dividend Yield of 13.58% with the Annual cash Dividend per share of $1.68. The last quarter cash dividend per share pay out was $0.42. Orchid Island Capital has a 5 year average dividend yield of 15.84% and the stock has a Indicated annual dividend of $1.68. Orchid Island Capital(ORC) formally announced its most recent dividend on February 10, 2017 with a Dividend per share of $0.14. The new indicated annual dividend based on announced dividend per share is $1.68. The dividend yield based on the forward looking indicated annual dividend is 13.58%. Orchid Island Capital(ORC) has the most recent dividend payout ratio of 1.51 with a 5-year average payout ratio of 27.77. The 5 year historical dividend growth of Orchid Island Capital(ORC) is at the rate of -2.24% while the R-Squared dividend growth is 0.04. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Orchid Island Capital, Inc. (NYSE:ORC) rose 0.16% or 0.02 points on Thursday and made its way into the gainers of the day. After trading began at $12.35 the stock was seen hitting $12.4699 as a peak level and $12.33 as the lowest level. The stock ended up at $12.39. The daily volume was measured at 882,013 shares. The 52-week high of the share price is $12.6 and the 52-week low is $9.0007. The company has a market cap of $408 million. Shares of Orchid Island Capital, Inc. rose by 1.39% in the last five trading days and 8.91% for the last 4 weeks. Orchid Island Capital, Inc. is up 19.09% in the last 3-month period. Year-to-Date the stock performance stands at 15.74%.

Currently the company Insiders own 0.75% of Orchid Island Capital, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 0.08% . Institutional Investors own 18.1% of Orchid Island Capital, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of 0.44%. Company has reported several Insider transactions to the SEC, on Jan 3, 2017, G Hunter Iv Haas (CFO, CIO and Secretary) purchased 173 shares at 10.52 per share price.On Dec 15, 2015, Capital Management, Inc Bimini (10% owner) purchased 29,165 shares at 8.42 per share price.On Sep 1, 2015, John Van Heuvelen (director) purchased 19,000 shares at 9.11 per share price.

Orchid Island Capital, Inc. is a specialty finance company that invests in residential mortgage-backed securities the principal and interest payments of which are guaranteed by a U.S. Government agency or a U.S. Government-sponsored entity. The Company intends to qualify and will elect to be taxed as a REIT commencing with its taxable year ending December 31, 2013. Orchid Island Capital, Inc. is based in United States.


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