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Mortgage REIT Orchid Island sets 12-cent March payout for April 29
Orchid Island Capital (NYSE: ORC) declared a monthly cash dividend of $0.12 per share for March 2026, payable on April 29, 2026, to shareholders of record as of March 31, 2026. The company also released preliminary RMBS portfolio characteristics as of February 28, 2026, highlighting its investment strategy in agency RMBS. Orchid Island Capital plans to announce its next common stock dividend on April 15, 2026, and reiterates its intention to make regular monthly distributions, while noting that future payments are not guaranteed.