Orchid Island Capital Announces August 2025 Monthly Dividend and July 31, 2025 RMBS Portfolio Characteristics
Orchid Island Capital (NYSE: ORC) has declared a monthly cash dividend of $0.12 per share for August 2025, payable on September 29, 2025, to stockholders of record as of August 29, 2025. The company, operating as a REIT, must distribute at least 90% of its taxable income annually to maintain its REIT status.
The company's outstanding shares have increased from 126,566,926 as of June 30, 2025, to 133,172,673 as of August 13, 2025, indicating recent share issuance. The next dividend announcement is expected on September 8, 2025.
Orchid Island Capital (NYSE: ORC) ha dichiarato un dividendo in contanti mensile di $0,12 per azione relativo ad agosto 2025, pagabile il 29 settembre 2025 agli azionisti iscritti al 29 agosto 2025. La società, che opera come REIT, deve distribuire almeno il 90% del proprio reddito imponibile annuale per mantenere lo status di REIT.
Le azioni in circolazione sono aumentate da 126.566.926 al 30 giugno 2025 a 133.172.673 al 13 agosto 2025, indicando una recente emissione di azioni. Il prossimo annuncio sul dividendo è previsto per l'8 settembre 2025.
Orchid Island Capital (NYSE: ORC) declaró un dividendo en efectivo mensual de $0.12 por acción correspondiente a agosto de 2025, pagadero el 29 de septiembre de 2025 a los accionistas registrados al 29 de agosto de 2025. La compañía, que opera como REIT, debe distribuir al menos el 90% de su ingreso imponible anual para conservar su condición de REIT.
Las acciones en circulación aumentaron de 126.566.926 al 30 de junio de 2025 a 133.172.673 al 13 de agosto de 2025, lo que indica una emisión reciente de acciones. Se espera que el próximo anuncio del dividendo sea el 8 de septiembre de 2025.
Orchid Island Capital (NYSE: ORC)는 2025년 8월분에 대해 주당 $0.12 현금 배당을 선언했으며, 배당금은 2025년 9월 29일에 2025년 8월 29일 기준 주주에게 지급됩니다. 회사는 REIT로서 지위를 유지하려면 연간 과세소득의 최소 90%를 분배해야 합니다.
유통 주식 수는 2025년 6월 30일 기준 126,566,926주에서 2025년 8월 13일 기준 133,172,673주로 증가하여 최근 주식 발행이 있었음을 시사합니다. 다음 배당 발표는 2025년 9월 8일로 예정되어 있습니다.
Orchid Island Capital (NYSE: ORC) a déclaré un dividende en numéraire mensuel de 0,12 $ par action pour août 2025, payable le 29 septembre 2025 aux actionnaires inscrits au 29 août 2025. La société, opérant en tant que REIT, doit distribuer au moins 90 % de son revenu imposable annuel pour conserver son statut de REIT.
Le nombre d'actions en circulation est passé de 126 566 926 au 30 juin 2025 à 133 172 673 au 13 août 2025, ce qui indique une émission récente d'actions. Le prochain communiqué sur le dividende est attendu le 8 septembre 2025.
Orchid Island Capital (NYSE: ORC) hat eine monatliche Bardividende von $0,12 je Aktie für August 2025 beschlossen, zahlbar am 29. September 2025 an die zum 29. August 2025 eingetragenen Aktionäre. Das Unternehmen, das als REIT tätig ist, muss jährlich mindestens 90 % seines steuerpflichtigen Einkommens ausschütten, um den REIT-Status zu behalten.
Die ausstehenden Aktien stiegen von 126.566.926 zum 30. Juni 2025 auf 133.172.673 zum 13. August 2025, was auf eine kürzliche Aktienausgabe hindeutet. Die nächste Dividendenmitteilung wird für den 8. September 2025 erwartet.
- Monthly dividend of $0.12 per share maintained
- Consistent dividend payment schedule demonstrates stability
- Share count increased by 5.2% from June to August 2025, indicating successful capital raising
- No minimum distribution payment level established
- Company explicitly states no assurance of future distribution ability
- Significant share count increase suggests potential dilution for existing shareholders
- August 2025 Monthly Dividend of
$0.12 Per Share of Common Stock - RMBS Portfolio Characteristics as of July 31, 2025
- Next Dividend Announcement Expected September 8, 2025
VERO BEACH, Fla., Aug. 13, 2025 (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 August 2025. The dividend of
The Company intends to make regular monthly cash distributions to its holders of common stock. In order to qualify as a real estate investment trust (“REIT”), the Company must distribute annually to its stockholders an amount at least equal to
As of August 13, 2025, the Company had 133,172,673 shares of common stock outstanding. As of July 31, 2025, the Company had 130,595,848 shares of common stock outstanding. As of June 30, 2025, the Company had 126,566,926 shares of common stock outstanding.
RMBS Portfolio Characteristics
Details of the RMBS portfolio as of July 31, 2025 are presented below. These figures are preliminary and subject to change. The information contained herein is an intra-quarter update created by the Company based upon information that the Company believes is accurate:
- RMBS Valuation Characteristics
- RMBS Assets by Agency
- Investment Company Act of 1940 (Whole Pool) Test Results
- Repurchase Agreement Exposure by Counterparty
- RMBS Risk Measures
About Orchid Island Capital, Inc.
Orchid Island Capital, Inc. is a specialty finance company that invests on a leveraged basis in Agency RMBS. Our investment strategy focuses on, and our portfolio consists of, two categories of Agency RMBS: (i) traditional pass-through Agency RMBS, such as mortgage pass-through certificates and collateralized mortgage obligations issued by Fannie Mae, Freddie Mac or Ginnie Mae, and (ii) structured Agency RMBS. The Company is managed by Bimini Advisors, LLC, a registered investment adviser with the Securities and Exchange Commission.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements include, but are not limited to, statements about the Company’s distributions. These forward-looking statements are based upon Orchid Island Capital, Inc.’s present expectations, but these statements are not guaranteed to occur. Investors should not place undue reliance upon forward-looking statements. For further discussion of the factors that could affect outcomes, please refer to the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024.
| RMBS Valuation Characteristics | |||||||||||||||||||||||||||||||||
| ($ in thousands) | |||||||||||||||||||||||||||||||||
| Realized | |||||||||||||||||||||||||||||||||
| Realized | May-25 - | ||||||||||||||||||||||||||||||||
| Jul-25 | Jul-25 | ||||||||||||||||||||||||||||||||
| Net | Weighted | CPR | CPR | ||||||||||||||||||||||||||||||
| Weighted | Average | (1-Month) | (3-Month) | Modeled Interest | |||||||||||||||||||||||||||||
| Current | Fair | % of | Current | Average | Maturity | (Reported | (Reported | Rate Sensitivity (1) | |||||||||||||||||||||||||
| Type | Face | Value | Portfolio | Price | Coupon | GWAC | Age | (Months) | in Aug) | in Aug) | (-50 BPS) | (+50 BPS) | |||||||||||||||||||||
| Fixed Rate RMBS | |||||||||||||||||||||||||||||||||
| 30yr 3.0 | $ | 848,648 | $ | 741,107 | 10.08 | % | 87.33 | 3.00 | % | 3.48 | % | 53 | 299 | 7.8 | % | 6.9 | % | $ | 21,788 | $ | (22,024 | ) | |||||||||||
| 30yr 3.5 | 166,312 | 151,220 | 2.06 | % | 90.93 | 3.50 | % | 4.04 | % | 65 | 282 | 9.4 | % | 8.3 | % | 4,127 | (4,170 | ) | |||||||||||||||
| 30yr 4.0 | 158,877 | 148,139 | 2.02 | % | 93.24 | 4.00 | % | 4.70 | % | 51 | 304 | 9.3 | % | 6.6 | % | 3,837 | (3,986 | ) | |||||||||||||||
| 30yr 4.5 | 285,759 | 272,923 | 3.71 | % | 95.51 | 4.50 | % | 5.44 | % | 37 | 318 | 13.3 | % | 10.9 | % | 5,919 | (6,433 | ) | |||||||||||||||
| 30yr 5.0 | 418,604 | 410,003 | 5.58 | % | 97.95 | 5.00 | % | 5.92 | % | 32 | 322 | 7.6 | % | 9.9 | % | 8,643 | (9,528 | ) | |||||||||||||||
| 30yr 5.5 | 1,237,391 | 1,243,479 | 16.92 | % | 100.49 | 5.50 | % | 6.42 | % | 13 | 342 | 8.5 | % | 7.3 | % | 23,348 | (27,107 | ) | |||||||||||||||
| 30yr 6.0 | 2,457,281 | 2,513,089 | 34.19 | % | 102.27 | 6.00 | % | 6.93 | % | 11 | 344 | 9.2 | % | 8.7 | % | 31,899 | (40,450 | ) | |||||||||||||||
| 30yr 6.5 | 1,525,438 | 1,585,715 | 21.57 | % | 103.95 | 6.50 | % | 7.40 | % | 13 | 343 | 14.9 | % | 15.5 | % | 13,850 | (19,122 | ) | |||||||||||||||
| 30yr 7.0 | 256,727 | 270,437 | 3.68 | % | 105.34 | 7.00 | % | 7.94 | % | 21 | 331 | 15.6 | % | 25.6 | % | 1,890 | (2,587 | ) | |||||||||||||||
| 30yr Total | 7,355,037 | 7,336,112 | 99.80 | % | 99.74 | 5.49 | % | 6.35 | % | 21 | 333 | 10.4 | % | 10.3 | % | 115,301 | (135,407 | ) | |||||||||||||||
| Total Pass-Through RMBS | 7,355,037 | 7,336,112 | 99.80 | % | 99.74 | 5.49 | % | 6.35 | % | 21 | 333 | 10.4 | % | 10.3 | % | 115,301 | (135,407 | ) | |||||||||||||||
| Structured RMBS | |||||||||||||||||||||||||||||||||
| IO 20yr 4.0 | 6,029 | 504 | 0.01 | % | 8.37 | 4.00 | % | 4.57 | % | 162 | 72 | 11.9 | % | 12.7 | % | 2 | (2 | ) | |||||||||||||||
| IO 30yr 3.0 | 2,472 | 300 | 0.00 | % | 12.12 | 3.00 | % | 3.64 | % | 126 | 224 | 26.8 | % | 10.4 | % | - | (1 | ) | |||||||||||||||
| IO 30yr 4.0 | 67,107 | 12,622 | 0.17 | % | 18.81 | 4.00 | % | 4.59 | % | 131 | 220 | 7.0 | % | 6.7 | % | (211 | ) | 138 | |||||||||||||||
| IO 30yr 4.5 | 2,912 | 533 | 0.01 | % | 18.29 | 4.50 | % | 4.99 | % | 181 | 166 | 8.9 | % | 8.3 | % | (3 | ) | 1 | |||||||||||||||
| IO 30yr 5.0 | 1,539 | 322 | 0.00 | % | 20.92 | 5.00 | % | 5.37 | % | 181 | 166 | 15.5 | % | 8.3 | % | (4 | ) | 2 | |||||||||||||||
| IO Total | 80,059 | 14,281 | 0.19 | % | 17.84 | 4.01 | % | 4.59 | % | 136 | 206 | 8.2 | % | 7.3 | % | (216 | ) | 138 | |||||||||||||||
| IIO 30yr 4.0 | 19,647 | 185 | 0.00 | % | 0.94 | 0.00 | % | 4.40 | % | 94 | 254 | 9.5 | % | 5.7 | % | 92 | (64 | ) | |||||||||||||||
| Total Structured RMBS | 99,706 | 14,466 | 0.20 | % | 14.51 | 3.22 | % | 4.55 | % | 128 | 215 | 8.4 | % | 7.0 | % | (124 | ) | 74 | |||||||||||||||
| Total Mortgage Assets | $ | 7,454,743 | $ | 7,350,578 | 100.00 | % | 5.46 | % | 6.33 | % | 23 | 332 | 10.3 | % | 10.3 | % | $ | 115,177 | $ | (135,333 | ) | ||||||||||||
| Hedge | Modeled Interest | |||||||||||
| Notional | Period | Rate Sensitivity (1) | ||||||||||
| Hedge | Balance | End | (-50 BPS) | (+50 BPS) | ||||||||
| 3-Month SOFR Futures | $ | (115,000 | ) | Aug-26 | $ | (1,150 | ) | $ | 1,150 | |||
| 5-Year Treasury Future(2) | (562,500 | ) | Sep-25 | (11,695 | ) | 11,433 | ||||||
| 10-Year Treasury Future(3) | (228,500 | ) | Sep-25 | (7,455 | ) | 7,243 | ||||||
| 10-Year Ultra Treasury Future(4) | (197,500 | ) | Sep-25 | (8,658 | ) | 8,292 | ||||||
| 5-Year ERIS SOFR Swap Futures | (10,000 | ) | Sep-25 | (231 | ) | 224 | ||||||
| Swaps | (3,843,300 | ) | Feb-31 | (96,488 | ) | 93,225 | ||||||
| TBA Short | (340,000 | ) | Aug-25 | (2,505 | ) | 3,747 | ||||||
| Hedge Total | $ | (5,296,800 | ) | $ | (128,182 | ) | $ | 125,314 | ||||
| Rate Shock Grand Total | $ | (13,005 | ) | $ | (10,019 | ) | ||||||
| (1 | ) | Modeled results from Citigroup Global Markets Inc. Yield Book. Interest rate shocks assume instantaneous parallel shifts and horizon prices are calculated assuming constant SOFR option-adjusted spreads. These results are for illustrative purposes only and actual results may differ materially. |
| (2 | ) | Five-year Treasury futures contracts were valued at prices of |
| (3 | ) | Ten-year Treasury futures contracts were valued at prices of |
| (4 | ) | Ten-year Ultra futures contracts were valued at prices of |
| RMBS Assets by Agency | |||||||
| ($ in thousands) | |||||||
| Percentage | |||||||
| Fair | of | ||||||
| Asset Category | Value | Portfolio | |||||
| As of July 31, 2025 | |||||||
| Fannie Mae | $ | 4,419,539 | 60.1 | % | |||
| Freddie Mac | 2,931,039 | 39.9 | % | ||||
| Total Mortgage Assets | $ | 7,350,578 | 100.0 | % | |||
| Investment Company Act of 1940 Whole Pool Test | |||||||
| ($ in thousands) | |||||||
| Percentage | |||||||
| Fair | of | ||||||
| Asset Category | Value | Portfolio | |||||
| As of July 31, 2025 | |||||||
| Non-Whole Pool Assets | $ | 417,423 | 5.7 | % | |||
| Whole Pool Assets | 6,933,155 | 94.3 | % | ||||
| Total Mortgage Assets | $ | 7,350,578 | 100.0 | % | |||
| Borrowings By Counterparty | ||||||||||||||||
| ($ in thousands) | ||||||||||||||||
| Weighted | Weighted | |||||||||||||||
| % of | Average | Average | ||||||||||||||
| Total | Total | Repo | Maturity | Longest | ||||||||||||
| As of July 31, 2025 | Borrowings | Debt | Rate | in Days | Maturity | |||||||||||
| J.P. Morgan Securities LLC | $ | 343,768 | 5.0 | % | 4.51 | % | 59 | 10/23/2025 | ||||||||
| Mirae Asset Securities (USA) Inc. | 334,110 | 4.9 | % | 4.42 | % | 79 | 11/13/2025 | |||||||||
| ASL Capital Markets Inc. | 326,866 | 4.8 | % | 4.48 | % | 44 | 9/18/2025 | |||||||||
| ABN AMRO Bank N.V. | 324,146 | 4.8 | % | 4.47 | % | 51 | 9/22/2025 | |||||||||
| Marex Capital Markets Inc. | 307,526 | 4.5 | % | 4.47 | % | 28 | 9/25/2025 | |||||||||
| Citigroup Global Markets Inc | 303,177 | 4.5 | % | 4.49 | % | 87 | 10/30/2025 | |||||||||
| Wells Fargo Bank, N.A. | 301,894 | 4.4 | % | 4.49 | % | 14 | 8/14/2025 | |||||||||
| Goldman, Sachs & Co | 301,322 | 4.4 | % | 4.48 | % | 28 | 8/29/2025 | |||||||||
| RBC Capital Markets, LLC | 300,339 | 4.4 | % | 4.52 | % | 20 | 8/27/2025 | |||||||||
| DV Securities, LLC Repo | 293,657 | 4.3 | % | 4.48 | % | 71 | 10/28/2025 | |||||||||
| ING Financial Markets LLC | 292,441 | 4.3 | % | 4.49 | % | 48 | 9/17/2025 | |||||||||
| Daiwa Securities America Inc. | 291,352 | 4.3 | % | 4.50 | % | 47 | 9/23/2025 | |||||||||
| Bank of Montreal | 288,463 | 4.2 | % | 4.50 | % | 35 | 10/28/2025 | |||||||||
| South Street Securities, LLC | 280,229 | 4.1 | % | 4.47 | % | 58 | 10/14/2025 | |||||||||
| StoneX Financial Inc. | 280,050 | 4.1 | % | 4.49 | % | 49 | 9/18/2025 | |||||||||
| Clear Street LLC | 278,404 | 4.1 | % | 4.48 | % | 44 | 9/22/2025 | |||||||||
| Cantor Fitzgerald & Co | 277,431 | 4.1 | % | 4.50 | % | 27 | 8/27/2025 | |||||||||
| Merrill Lynch, Pierce, Fenner & Smith | 260,388 | 3.8 | % | 4.51 | % | 22 | 8/25/2025 | |||||||||
| MUFG Securities Canada, Ltd. | 254,861 | 3.7 | % | 4.47 | % | 8 | 8/8/2025 | |||||||||
| Mitsubishi UFJ Securities (USA), Inc. | 247,115 | 3.6 | % | 4.49 | % | 61 | 10/14/2025 | |||||||||
| The Bank of Nova Scotia | 243,502 | 3.6 | % | 4.49 | % | 54 | 10/23/2025 | |||||||||
| Banco Santander SA | 187,018 | 2.7 | % | 4.50 | % | 47 | 9/16/2025 | |||||||||
| Nomura Securities International, Inc. | 142,942 | 2.1 | % | 4.47 | % | 25 | 9/8/2025 | |||||||||
| Mizuho Securities USA LLC | 136,238 | 2.0 | % | 4.52 | % | 28 | 8/28/2025 | |||||||||
| Natixis, New York Branch | 104,700 | 1.5 | % | 4.49 | % | 28 | 8/29/2025 | |||||||||
| Wells Fargo Securities, LLC | 73,823 | 1.1 | % | 4.48 | % | 89 | 10/28/2025 | |||||||||
| Lucid Prime Fund, LLC | 34,862 | 0.5 | % | 4.50 | % | 14 | 8/14/2025 | |||||||||
| Total Borrowings | $ | 6,810,624 | 100.0 | % | 4.49 | % | 44 | 11/13/2025 | ||||||||
Contact:
Orchid Island Capital, Inc.
Robert E. Cauley
3305 Flamingo Drive, Vero Beach, Florida 32963
Telephone: (772) 231-1400
FAQ
What is Orchid Island Capital's (ORC) dividend for August 2025?
When is ORC's next dividend announcement expected?
How many shares of ORC stock were outstanding as of August 13, 2025?
What are the REIT distribution requirements for Orchid Island Capital?
How has ORC's share count changed from June to August 2025?
