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Orchid Island Capital Announces January 2026 Monthly Dividend and Fourth Quarter 2025 Results Announcement Dates
Globenewswire· 2026-01-07 22:01
January 2026 Monthly Dividend of $0.12 Per Share of Common StockEstimated Fourth Quarter 2025 Results and MBS Portfolio Characteristics as of December 31, 2025 to be Released January 14, 2026Year End and Fourth Quarter 2025 Results to be Released January 29, 2026 VERO BEACH, Fla., Jan. 07, 2026 (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 January 2026. The dividend of $ ...
HyOrc Completes Factory Acceptance Test of 500kw ORC Turbine for International Customer
Globenewswire· 2025-12-31 13:21
HOUSTON, Dec. 31, 2025 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTCID: HYOR), a clean-energy technology company, today announced the successful completion of the Factory Acceptance Test (FAT) for its 500kW Organic Rankine Cycle (ORC) turbine, which is now being prepared for shipment to Camsan Ordu, a customer project in Turkey. The FAT was witnessed and independently inspected by Bureau Veritas, a global testing, inspection, and certification group. The inspection was carried out on 30 December 2025 at the Hy ...
Compass Point Initiates Coverage on Orchid Island Capital (ORC) at Neutral
Yahoo Finance· 2025-12-27 06:16
Orchid Island Capital, Inc. (NYSE:ORC) is included among the 13 Highest Paying Monthly Dividend Stocks to Buy. Compass Point Initiates Coverage on Orchid Island Capital (ORC) at Neutral Photo by Vitaly Taranov on Unsplash On December 15, Compass Point started coverage of Orchid Island Capital, Inc. (NYSE:ORC) with a Neutral rating and a $7.50 price target. In its Q3 2025 earnings, the company said market conditions were supportive for levered Agency RMBS investors like Orchid. Interest rates stayed fai ...
Orchid Island Capital Announces December 2025 Monthly Dividend and November 30, 2025 RMBS Portfolio Characteristics
Globenewswire· 2025-12-09 22:29
December 2025 Monthly Dividend of $0.12 Per Share of Common StockRMBS Portfolio Characteristics as of November 30, 2025Next Dividend Announcement Expected January 7, 2026 VERO BEACH, Fla., Dec. 09, 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 December 2025. The dividend of $0.12 per share will be paid January 29, 2026 to holders of record of the Company’s common st ...
Orchid Island Capital: Cash Today, Capital Risk Tomorrow (NYSE:ORC)
Seeking Alpha· 2025-11-24 05:28
Core Insights - The individual has a B.Tech degree in Mechanical Engineering and nearly twenty-five years of experience in the oil and gas sector, primarily in the Middle East [1] - The investment strategy is informed by a background in engineering, operations, and project management, emphasizing efficiency, carefulness, and discipline [1] - The focus on U.S. equity markets includes technology, energy, and healthcare sectors, with a shift from growth investing to a blend of value and growth strategies [1] Investment Philosophy - The approach involves understanding the underlying economics of businesses, evaluating competitive advantages, and assessing the ability to generate consistent free cash flow [1] - There is an emphasis on long-term holding of high-quality businesses to benefit from time and compounding effects [1] - The investment orientation is moderately conservative, prioritizing downside minimization while seeking upside potential [1] Recent Trends - A gradual rebalancing towards income-generating assets such as dividend-paying equities and REITs has been noted, especially as retirement approaches [1] - Investing is viewed not just as a pursuit of high returns but also as a means to achieve peace of mind [1] - There is a commitment to investing in ecologically sensitive businesses, reflecting a broader concern for environmental impact [1]
Orchid Island Capital: Cash Today, Capital Risk Tomorrow
Seeking Alpha· 2025-11-24 05:28
Core Insights - The individual has a B.Tech degree in Mechanical Engineering and nearly twenty-five years of experience in the oil and gas sector, primarily in the Middle East [1] - The investment strategy is informed by a background in engineering, operations, and project management, emphasizing efficiency, carefulness, and discipline [1] - The focus on U.S. equity markets includes technology, energy, and healthcare sectors, with a shift from growth investing to a blend of value and growth strategies [1] Investment Philosophy - The approach involves understanding the underlying economics of businesses, evaluating competitive advantages, and assessing the ability to generate consistent free cash flow [1] - There is an emphasis on long-term holding of high-quality businesses to benefit from time and compounding effects, reflecting a moderately conservative orientation [1] - Recent years have seen a rebalancing towards income-generating assets such as dividend-paying equities and REITs, highlighting a shift in focus towards minimizing downside risk as retirement approaches [1] Community Engagement - The individual joined Seeking Alpha to contribute to and learn from a community of investors interested in the intersection of business fundamentals and intelligent investing [1] - There is a commitment to investing in ecologically sensitive businesses, indicating a focus on sustainable investment practices [1]
Want $4,000 per Year in Monthly Passive Income? Invest Just $2,500 in These Yield-Heavy Dividend Stocks
247Wallst· 2025-11-21 15:50
Core Insights - Generating $4,000 in yearly passive income from an initial investment of $12,500 is highlighted as an impressive achievement [1] Financial Metrics - The article emphasizes the significant return on investment, suggesting a potential income generation of 32% annually based on the initial investment [1]
Orchid Island Capital Announces November 2025 Monthly Dividend and October 31, 2025 RMBS Portfolio Characteristics
Globenewswire· 2025-11-12 21:50
Core Points - Orchid Island Capital, Inc. declared a monthly cash dividend of $0.12 per share for November 2025, payable on December 30, 2025, to shareholders of record on November 28, 2025, with the ex-dividend date also on November 28, 2025 [1][7] - The company intends to make regular monthly cash distributions to its common stockholders and must distribute at least 90% of its REIT taxable income annually to qualify as a real estate investment trust [2] - As of November 12, 2025, the company had 167,762,089 shares of common stock outstanding, an increase from 159,132,872 shares as of October 31, 2025, and 148,239,401 shares as of September 30, 2025 [3] RMBS Portfolio Characteristics - Orchid Island Capital focuses on investing in Agency RMBS, including traditional pass-through Agency RMBS and structured Agency RMBS [4] - As of October 31, 2025, the total mortgage assets amounted to $8,989,224,000, with whole pool assets constituting 92.8% of the portfolio [12] - The RMBS portfolio includes various fixed-rate securities, with significant portions in 30-year fixed-rate RMBS, particularly those with a coupon rate of 5.5% and 6.0% [6][9] Borrowings and Counterparty Exposure - The company has total borrowings of $8,327,893,000, with a weighted average interest rate of 4.18% and a maturity of 43 days [15] - Major counterparties include J.P. Morgan Securities LLC, Citigroup Global Markets Inc., and Wells Fargo Securities, with respective borrowings of $509,065,000, $432,500,000, and $388,034,000 [13][15]
Orchid Island Capital(ORC) - 2025 Q3 - Quarterly Report
2025-10-24 20:17
Financial Performance - Net income for the nine months ended September 30, 2025, was $55.6 million, or $0.48 per share, compared to $32.1 million, or $0.53 per share for the same period in 2024, reflecting a 73.5% increase in net income [135]. - Interest income for the nine months ended September 30, 2025, was $281.8 million, up from $169.6 million in 2024, representing a 66.1% increase [135]. - Net interest income for the nine months ended September 30, 2025, was $69.8 million, compared to a net interest expense of $2.8 million in 2024, indicating a significant turnaround [135]. - For the three months ended September 30, 2025, net income excluding realized and unrealized gains was $72,078,000, compared to a loss of $33,578,000 in the previous quarter [142]. - The net earnings for the nine months ended September 30, 2025, were $55,622,000, a significant increase from $32,117,000 in the same period of 2024 [142]. - Economic net interest income for the three months ended September 30, 2025, was $48,791,000, reflecting an increase from $40,625,000 in the previous quarter [156]. - The company reported an economic net interest income of $133.5 million for the nine months ended September 30, 2025, compared to $86.1 million for the same period in 2024 [160]. Shareholder Activities - The company issued a total of 24,675,497 shares under the March 2023 Equity Distribution Agreement for gross proceeds of approximately $228.8 million [127]. - As of October 23, 2025, the remaining authorization under the stock repurchase program was 2,719,137 shares, representing approximately 10% of the company's then outstanding shares [133]. - The company repurchased a total of 1,113,224 shares at an aggregate cost of approximately $7.3 million during the nine months ended September 30, 2025, at a weighted average price of $6.52 per share [133]. - The company issued a total of 56,019,745 shares under the February 2025 Equity Distribution Agreement for aggregate gross proceeds of approximately $420.2 million [218]. Investment Strategy - The company aims to provide attractive risk-adjusted total returns through capital appreciation and regular monthly distributions from its investments in Agency RMBS [124]. - The company operates to qualify as a real estate investment trust (REIT) and generally will not be subject to U.S. federal income tax if it distributes all REIT taxable income to stockholders [125]. - The company’s investment strategy focuses on two categories of Agency RMBS: traditional pass-through RMBS and structured Agency RMBS [123]. Economic and Market Conditions - The third quarter economic outlook indicates potential economic weakness, particularly in the labor market, leading to a 25 basis points reduction in the Fed Funds rate [219]. - The Agency RMBS index generated a return of 2.4% for Q3 2025, compared to 2.7% for the investment grade corporate index and 2.4% for high yield debt [226]. - Conventional 30-year mortgages within Agency RMBS achieved a total return of 2.6% in Q3 2025, while 15-year mortgages returned 1.5% [227]. - The Fed reduced its balance sheet for Agency RMBS by approximately $654 billion from its peak to $2.1 trillion, representing a 49% reduction since the pandemic quantitative easing [228]. - The spread between 2-year and 10-year U.S. Treasury securities increased by approximately 5 basis points to around 55 basis points at the end of Q3 2025 [223]. Risk Management - The company utilized various hedging instruments to manage interest rate risk, including Fed Funds and SOFR futures contracts [145]. - The company has not elected hedge accounting treatment for its derivative holdings, affecting the presentation of interest expense and cost of funds [146]. - The company mitigates credit risk through daily adjustments to collateral and limits counterparties to registered central clearing exchanges and major financial institutions [267]. - There is no guarantee that the company's efforts to manage counterparty credit risk will be successful, which could lead to significant losses [267]. Financial Position - Cash and cash equivalents as of September 30, 2025, totaled $583.9 million, with cash flows generated from principal and interest payments on RMBS amounting to $793.9 million [213]. - The company had obligations under repurchase agreements of approximately $8.0 billion, with a net weighted average borrowing cost of 4.33% [199]. - The average outstanding borrowings for the nine months ended September 30, 2025, were $6.5 billion, compared to $4.2 billion for the same period in 2024 [167]. - The company has sufficient short-term and long-term liquidity and capital resources for investment acquisitions and repayment of borrowings [204]. Operating Expenses - Total operating expenses for the nine months ended September 30, 2025, were approximately $14.7 million, up from $12.4 million in the same period of 2024, representing a year-over-year increase of 17.7% [184]. - For the nine months ended September 30, 2025, management fees increased to $9,023,000 from $6,867,000 in 2024, representing a change of $2,156,000 or 31.4% [185]. - The total expenses for the nine months ended September 30, 2025, were $14,663,000, up from $12,387,000 in 2024, reflecting an increase of $2,276,000 or 18.4% [190]. Portfolio Performance - For the nine months ended September 30, 2025, the company reported total gains on RMBS of $137.216 million, compared to $74.209 million for the same period in 2024, reflecting an increase of 84.9% [175]. - The company experienced realized losses on sales of RMBS amounting to $9.288 million for the nine months ended September 30, 2025, compared to realized gains of $0.510 million in the same period of 2024 [176]. - Unrealized gains on RMBS for the nine months ended September 30, 2025, were $146.504 million, significantly higher than $73.699 million for the same period in 2024, an increase of 98.6% [175]. Dividend Policy - The company plans to pay regular monthly dividends, having declared a dividend of $0.12 per share to be paid on November 26, 2025 [245].