Orchid Island Capital Announces March 2025 Monthly Dividend and February 28, 2025 RMBS Portfolio Characteristics

Core Points - Orchid Island Capital, Inc. declared a monthly cash dividend of $0.12 per share for March 2025, payable on April 29, 2025, to shareholders of record as of March 31, 2025 [1] - The company is required to distribute at least 90% of its REIT taxable income annually to qualify as a real estate investment trust [2] - As of March 19, 2025, the company had 105,873,628 shares of common stock outstanding, an increase from 98,853,628 shares as of February 28, 2025 [3] RMBS Portfolio Characteristics - The company invests in Agency RMBS, focusing on traditional pass-through Agency RMBS and structured Agency RMBS [4] - As of February 28, 2025, the total mortgage assets amounted to$ 6,345,027,000, with 69.1% from Fannie Mae and 30.9% from Freddie Mac [11] - The company’s RMBS portfolio includes various fixed-rate securities with different maturities and coupon rates, with a total pass-through value of $6,329,792,000 [6][9] Borrowings and Counterparty Exposure - Total borrowings as of February 28, 2025, were$ 5,591,286,000, with an average interest rate of 4.45% [14] - The company has significant exposure to various counterparties, with MUFG Securities Canada, Ltd. being the largest at $337,100,000 [13][14] - The weighted average maturity of borrowings is 29 days, with the longest maturity extending to August 21, 2025 [14]