GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Orchid Island Capital Inc (NYSE:ORC) » Definitions » Dividend Yield %

Orchid Island Capital (Orchid Island Capital) Dividend Yield %

: 20.34% (As of Today)
View and export this data going back to 2011. Start your Free Trial

As of today (2024-04-19), the Trailing Annual Dividend Yield of Orchid Island Capital is 20.34%.

The historical rank and industry rank for Orchid Island Capital's Dividend Yield % or its related term are showing as below:

ORC' s Dividend Yield % Range Over the Past 10 Years
Min: 1   Med: 16.74   Max: 40.68
Current: 20.34

During the past 13 years, the highest Dividend Yield of Orchid Island Capital was 40.68%. The lowest was 1.00%. And the median was 16.74%.

ORC's Dividend Yield % is ranked better than
97.25% of 837 companies
in the REITs industry
Industry Median: 7.14 vs ORC: 20.34

Orchid Island Capital's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.69.

During the past 13 years, the highest Dividend Payout Ratio of Orchid Island Capital was 38.40. The lowest was 0.87. And the median was 22.84.

As of today (2024-04-19), the Forward Dividend Yield % of Orchid Island Capital is 17.44%.

Orchid Island Capital's Dividends per Share for the three months ended in Dec. 2023 was $0.36.

During the past 12 months, Orchid Island Capital's average Dividends Per Share Growth Rate was -27.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -23.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -17.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -14.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Orchid Island Capital was 6.40% per year. The lowest was -23.00% per year. And the median was -18.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Orchid Island Capital Dividend Yield % Historical Data

The historical data trend for Orchid Island Capital's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Orchid Island Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.41 15.13 17.33 23.09 21.35

Orchid Island Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.09 20.32 19.18 22.56 21.35

Competitive Comparison

For the REIT - Mortgage subindustry, Orchid Island Capital's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Orchid Island Capital Dividend Yield % Distribution

For the REITs industry and Real Estate sector, Orchid Island Capital's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Orchid Island Capital's Dividend Yield % falls into.



Orchid Island Capital Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Orchid Island Capital Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1202024-03-272024-03-282024-04-26Cash DividendmonthlyUSD:USD 1.000000
USD 0.1202024-02-282024-02-292024-03-26Cash DividendmonthlyUSD:USD 1.000000
USD 0.1202024-01-302024-01-312024-02-27Cash DividendmonthlyUSD:USD 1.000000
USD 0.1202023-12-282023-12-292024-01-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1202023-11-292023-11-302023-12-27Cash DividendmonthlyUSD:USD 1.000000
USD 0.1202023-10-302023-10-312023-11-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1602023-09-282023-09-292023-10-27Cash DividendmonthlyUSD:USD 1.000000
USD 0.1602023-08-302023-08-312023-09-27Cash DividendmonthlyUSD:USD 1.000000
USD 0.1602023-07-282023-07-312023-08-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1602023-06-292023-06-302023-07-27Cash DividendmonthlyUSD:USD 1.000000
USD 0.1602023-05-302023-05-312023-06-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1602023-04-272023-04-282023-05-26Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Orchid Island Capital's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.68/8.26
=20.34 %

Current Share Price is $8.26.
Orchid Island Capital's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.68.

Orchid Island Capital's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.44/8.26
=17.43 %

Current Share Price is $8.26.
Orchid Island Capital's Dividends per Share for the forward twelve months is calculated as $0.12 * 12 = $1.44.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Orchid Island Capital  (NYSE:ORC) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Orchid Island Capital Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Orchid Island Capital's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Orchid Island Capital (Orchid Island Capital) Business Description

Traded in Other Exchanges
Address
3305 Flamingo Drive, Vero Beach, FL, USA, 32963
Orchid Island Capital Inc invests in residential mortgage-backed securities (RMBS) across the United States. The principal and interest payments of its RMBS are guaranteed by the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, or the Government National Mortgage Association, and are backed by single-family residential mortgage loans. The company's investment portfolio is divided into two categories namely traditional pass-through Agency RMBS; and structured Agency RMBS, such as collateralized mortgage obligations, interest-only securities, inverse interest-only securities, and principal-only securities, among other types of structured Agency RMBS.
Executives
Haas G Hunter Iv director, officer: CFO, CIO and Secretary C/O BIMINI CAPITAL MANAGEMENT, INC., 3305 FLAMINGO DRIVE, VERO BEACH FL 32963
Robert E Cauley director, officer: President, CEO C/O BIMINI MORTGAGE MANAGEMENT, INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
Bitting W Coleman director 6330 NORTHWOOD AVENUE, ST. LOUIS MO 63105
Paula Morabito director 3305 FLAMINGO DRIVE, VERO BEACH FL 32963
Ava L Parker director 1469 HARRINGTON PARK DRIVE, JACKSONVILLE FL 32225
John Van Heuvelen director 363 HIGH STREET, DENVER CO 80218
Frank P Filipps director 1601 MARKET ST, PHILADELPHIA PA 19103
Bimini Capital Management, Inc. 10 percent owner 3305 FLAMINGO DRIVE, VERO BEACH FL 32963