Orchid Island Capital, Inc. ( ORC
) will begin trading ex-dividend on August 25, 2016. A cash dividend
payment of $0.14 per share is scheduled to be paid on August 31, 2016.
Shareholders who purchased ORC prior to the ex-dividend date are
eligible for the cash dividend payment. This marks the 14th quarter that
ORC has paid the same dividend. At the current stock price of $10.95,
the dividend yield is 15.34%.
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