Orchid Island Capital Declares $0.12 Monthly Dividend for March 2026
Orchid Island Capital, Inc., a mortgage REIT, declared a $0.12 per share cash dividend for March 2026. The dividend will be paid April 29, 2026 to shareholders of record as of March 31, 2026.
Orchid Island Capital, Inc. (NYSE: ORC), a real estate investment trust focused on investing in residential mortgage-backed securities, declared a monthly cash dividend of $0.12 per share for March 2026. The dividend will be paid on April 29, 2026 to holders of record as of March 31, 2026, with an ex-dividend date of March 31, 2026. Read more dividend announcements.
The board of directors announced the dividend on March 18, 2026. The company plans to announce its next common stock dividend on April 15, 2026.
| Dividend Details | Information |
|---|---|
| Amount | $0.12 per share |
| Record Date | March 31, 2026 |
| Ex-Dividend Date | March 31, 2026 |
| Payment Date | April 29, 2026 |
Orchid Island Capital operates as a mortgage REIT and must distribute at least 90% of its REIT taxable income annually to maintain its tax status. The company will be subject to income tax on undistributed taxable income and to an excise tax if certain distribution thresholds are not met by specified dates.
The company has not established a minimum distribution payment level and cannot guarantee its ability to make distributions to stockholders in the future.
Share Count Update
As of March 18, 2026, Orchid Island Capital had 195,511,115 shares of common stock outstanding. This compares to 193,621,550 shares outstanding as of February 28, 2026 and 181,985,900 shares as of December 31, 2025.
The company also announced it would provide details of its RMBS portfolio characteristics as of February 28, 2026, though specific figures were noted as preliminary and subject to change.