Orchid Island Capital Announces March 2026 Monthly Dividend and February 28, 2026 RMBS Portfolio Characteristics

Core Viewpoint - Orchid Island Capital, Inc. has declared a monthly cash dividend of $0.12 per share for March 2026, to be paid on April 29, 2026, to shareholders of record as of March 31, 2026 [1][7]. Dividend Information - 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 to qualify as a real estate investment trust (REIT) [2]. - The next dividend announcement is expected on April 15, 2026 [7]. Shareholder Information - As of March 18, 2026, the company had 195,511,115 shares of common stock outstanding, an increase from 193,621,550 shares as of February 28, 2026, and 181,985,900 shares as of December 31, 2025 [3]. RMBS Portfolio Characteristics - Orchid Island Capital, Inc. focuses on investing in Agency RMBS, including traditional pass-through Agency RMBS and structured Agency RMBS [4]. - As of February 28, 2026, the total mortgage assets amounted to $11,161,331,000, with 50.3% from Fannie Mae and 49.7% from Freddie Mac [11]. RMBS Valuation Characteristics - The portfolio consists of various fixed-rate RMBS with a weighted average coupon of 5.63% and a weighted average maturity of 16 months [6]. - The total pass-through RMBS portfolio is valued at $11,148,651,000, with a current price of 102.85 [6]. Borrowings and Counterparty Exposure - The total borrowings as of February 28, 2026, amounted to $10,609,641,000, with an average rate of 3.81% [13]. - Major counterparties include Citigroup Global Markets Inc. and Hidden Road Partners Civ US LLC, each accounting for approximately 4.8% of total borrowings [12].