Orchid Island Capital, Inc. Declares November 2025 Monthly Dividend of $0.12
Vero Beach, Fla., Nov. 12, 2025 (GLOBE NEWSWIRE) — Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) has announced that its Board of Directors has approved a monthly cash dividend for November 2025. Shareholders will receive a dividend of $0.12 per share on December 30, 2025, to those recorded as of November 28, 2025, with the ex-dividend date also set for November 28, 2025. The Company is set to reveal its next dividend for common stock on December 9, 2025, and it plans to maintain regular monthly cash distributions for its shareholders.
Requirements for Real Estate Investment Trust Status
To qualify as a real estate investment trust (REIT), the Company is mandated to distribute at least 90% of its REIT taxable income to shareholders annually, not accounting for any dividend deductions or net capital gains. If the Company fails to distribute the required amount, it may incur income tax on the undistributed taxable income, along with potential excise tax penalties for not distributing a specified percentage of its taxable income by deadlines. Currently, the Company has not set a minimum level for distribution payments, and future distributions to shareholders are not guaranteed.
Current Common Stock Outstanding
As of November 12, 2025, Orchid Island Capital had 167,762,089 shares of common stock in circulation. This reflects an increase from 159,132,872 shares as of October 31, 2025, and up from 148,239,401 shares as of September 30, 2025.
RMBS Portfolio Overview as of October 31, 2025
The characteristics of the RMBS portfolio as of October 31, 2025, are detailed below. These figures are preliminary and may change. The Company compiled this intra-quarter update based on information it believes to be reliable.
RMBS Valuation and Characteristics
The portfolio includes various RMBS assets categorized by agency, as well as investment tests and exposure to repurchase agreements by counterparty, along with risk metrics associated with RMBS.
About Orchid Island Capital, Inc.
Orchid Island Capital, Inc. specializes in finance, focusing its investments on Agency RMBS through leveraged strategies. The investment approach centers on two primary types of Agency RMBS: (i) traditional pass-through Agency RMBS, encompassing mortgage pass-through certificates and collateralized mortgage obligations from Fannie Mae, Freddie Mac, or Ginnie Mae, and (ii) structured Agency RMBS. The Company is managed by Bimini Advisors, LLC, which is a registered investment adviser with the SEC.
Forward-Looking Statements
This announcement includes forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995 and other federal securities regulations. Such statements may pertain to the Company’s future distributions, and while they are based on current expectations, they are not guaranteed. Investors should not overly rely on these forward-looking statements. For a deeper understanding of potential influencing factors, refer to the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the fiscal year that ended on December 31, 2024.
RMBS Valuation Characteristics
The following data illustrates the RMBS valuation characteristics, with figures expressed in thousands. The calculations include realized metrics for various RMBS types, alongside interest rate sensitivities and portfolio averages.
RMBS Assets Breakdown by Agency
As of October 31, 2025, the distribution of RMBS assets by agency is as follows, with values expressed in thousands: Fannie Mae holds $5,103,429, accounting for 56.8% of the total portfolio, while Freddie Mac has $3,885,795, representing 43.2%. The total mortgage assets amount to $8,989,224.
Investment Company Act of 1940 Compliance
According to the Investment Company Act of 1940, the breakdown of whole pool and non-whole pool assets is detailed below. Non-whole pool assets are valued at $649,174 (7.2%), while whole pool assets total $8,340,050 (92.8%), culminating in a total of $8,989,224 in mortgage assets.
Borrowings by Counterparty
The following table outlines borrowings categorized by counterparty, with figures shown in thousands. It includes the total borrowings, weighted average rates, and maturity timelines for each counterparty, with J.P. Morgan Securities LLC leading at $509,065 (6.1%) with a 4.19% rate and a maturity of 31 days.
Contact Information
For further inquiries, please contact Orchid Island Capital, Inc., Robert E. Cauley, at 3305 Flamingo Drive, Vero Beach, Florida 32963. Telephone: (772) 231-1400.
