Orchid Island Capital Announces February 2025 Monthly Dividend and January 31, 2025 RMBS Portfolio Characteristics

Group 1 - Orchid Island Capital, Inc. declared a monthly cash dividend of $0.12 per share for February 2025, payable on March 28, 2025, to shareholders of record as of February 28, 2025 [1] - The company intends to make regular monthly cash distributions to its common stockholders, adhering to the requirement of distributing at least 90% of its REIT taxable income annually [2] - As of February 12, 2025, the company had 93,293,628 shares of common stock outstanding, an increase from 90,344,128 shares as of January 31, 2025, and 82,622,464 shares as of December 31, 2024 [3] Group 2 - The company's investment strategy focuses on Agency RMBS, including traditional pass-through Agency RMBS and structured Agency RMBS [4] - As of January 31, 2025, the total mortgage assets amounted to$ 5,615,131, with Fannie Mae assets representing 70.8% and Freddie Mac assets representing 29.2% of the portfolio [11] - The company has not established a minimum distribution payment level and is not assured of its ability to make future distributions [2] Group 3 - The RMBS portfolio characteristics as of January 31, 2025, include various fixed-rate RMBS with a total face value of $5,742,155 and a fair value of$ 5,599,708 [6] - The weighted average coupon rate for the portfolio is 5.21%, with a weighted average maturity of 331 months [6] - The company has significant borrowings, totaling $5,316,591, with an average interest rate of 4.45% [13][14]