VERO BEACH, Fla., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Bimini Capital Management, Inc. (OTCQB:BMNM) ("Bimini” or the "Company"), today announced that it will release results for the third quarter of 2025 following the close of trading on Thursday, November 6, 2025. Earnings Conference Call Details An earnings conference call and live audio webcast will be hosted Friday, November 7, 2025, at 10:00 AM ET. Participants can register and receive dial-in information at https://register-conf.media-server.com/register ...

Key Takeaways Annaly is set to report Q3 earnings after market close on Oct. 22, 2025. Consensus sees NII at $447M and EPS of 72 cents per share, both up year over year. Tighter MBS spreads and slower prepayments likely aided book value gains. Annaly Capital Management Inc. (NLY) is scheduled to report third-quarter 2025 results on Oct. 22, after market close. The company’s results are expected to reflect year-over-year increases in earnings and net interest income (NII) in the quarter to be reported.In the ...

Core Viewpoint - Monthly dividends are preferred over quarterly payouts due to more frequent cash flow and often higher annual yields, with examples yielding between 8% and 19.8% [2] Group 1: Monthly Dividend Stocks - Monthly dividend stocks can provide substantial annual income, with potential earnings ranging from $40,000 to $99,000 on a $500,000 investment [2] - The article discusses four specific monthly dividend payers, highlighting their unique characteristics and performance [2] Group 2: Sabine Royalty Trust (SBR) - Sabine Royalty Trust is a passive income vehicle that pays distributions from income generated by natural resources, primarily from the Permian Basin [3] - The trust has no debt and has outperformed the broader energy sector, but it is sensitive to commodity prices and has variable distributions [4][7] - SBR's asset base is fixed, and it may terminate if gross revenues fall below $2 million for two consecutive years or if unitholders vote for closure [6] Group 3: Capital Southwest Corp. (CSWC) - Capital Southwest Corp. is a business development company that provides capital to lower middle market firms, with a portfolio of 122 firms [8] - The company has a high percentage of floating-rate debt, which can be advantageous in rising rate environments, and it has outperformed its peers and the S&P 500 [10] - CSWC's dividends are well-covered, and it pays monthly, with a portion of the yield coming from supplemental dividends [10] Group 4: PennantPark Floating Rate Capital (PFLT) - PennantPark Floating Rate Capital targets midsized companies and invests primarily through first-lien floating-rate debt [12][14] - The company has faced tight dividend coverage, with the possibility of a dividend reduction, but management is optimistic about growth through joint ventures [14] Group 5: Orchid Island Capital (ORC) - Orchid Island Capital is a mortgage REIT that deals in agency residential mortgage-backed securities, currently offering a yield close to 20% [16] - The company has experienced significant price declines since its IPO, leading to a reverse stock split, and has a history of reducing dividends [18][19]

Group 1 - The article provides a market analysis covering several companies including Capital Southwest Corporation, Orchid Island Capital Inc, Sabine Royalty Trust, and PennantPark Floating Rate Capital Ltd [1] Group 2 - The analysis highlights the investment opportunities and risks associated with the mentioned companies, indicating a focus on their financial performance and market positioning [1]

Core Points - Orchid Island Capital, Inc. declared a monthly cash dividend of $0.12 per share for October 2025, payable on November 26, 2025, to shareholders of record on October 31, 2025 [1] - The company aims to make regular monthly cash distributions to its common stockholders, adhering to the REIT requirement of distributing at least 90% of its taxable income annually [2] - As of October 15, 2025, the company had 151,711,940 shares of common stock outstanding, an increase from 148,239,401 shares as of September 30, 2025 [3] Financial Performance - The estimated book value per share as of September 30, 2025, was $7.33, with total stockholders' equity approximately $1,086.1 million [4] - The estimated net income per share for the quarter ended September 30, 2025, was $0.53, which includes $0.37 per share from net realized and unrealized gains on RMBS and derivative instruments [5] - The estimated total return on equity for the same quarter was 6.6%, comprising $0.36 in dividends per share and a $0.12 increase in book value per share [6] RMBS Portfolio - The company invests primarily in Agency RMBS, focusing on traditional pass-through Agency RMBS and structured Agency RMBS [7] - As of September 30, 2025, the total mortgage assets amounted to $8,356.1 million, with 56.7% from Fannie Mae and 43.3% from Freddie Mac [15] - The company’s borrowings totaled $8,006.978 million, with an average interest rate of 4.33% [17]

Core Insights - Orchid Island Capital, Inc. (NYSE:ORC) is recognized as one of the safest monthly dividend stocks to buy, offering a monthly dividend of $0.12 per share, resulting in a dividend yield of 20.54% as of September 23 [4]. Group 1: Company Overview - Orchid Island Capital, Inc. is a specialty finance company that invests in residential mortgage-backed securities (RMBS), with a portfolio that includes traditional mortgage pass-through certificates, collateralized mortgage obligations, and structured Agency RMBS [2]. Group 2: Recent Performance and Strategy - In the latest earnings update, CEO Robert Cauley highlighted two significant events affecting the quarter: the reciprocal tariffs announced in April and the passage of the "One Big beautiful bill" in July, which contributed to market volatility and influenced investor sentiment [3]. - The company maintained a strong position by holding high cash reserves and keeping leverage at the low end of its range, which limited the need for deleveraging and allowed for the repurchase of over 1.1 million shares at a steep discount early in the quarter [3]. - Despite a defensive stance, the company generated a cash buffer through selective share sales [3].

Core Insights - Orchid Island Capital (ORC) and AGNC Investment Corp. (AGNC) are prominent players in the mortgage real estate investment trusts (mREITs) sector, both providing attractive long-term returns and substantial dividend yields. The analysis aims to determine which company presents a better investment opportunity at this time [1]. AGNC Investment Corp. - AGNC employs an active portfolio-management strategy, regularly adjusting its holdings and implementing hedges to adapt to market changes, which positions it defensively against volatility [2]. - As of June 30, 2025, AGNC has hedged 89% of its outstanding balance in Investment Securities Repo, TBA position, and other debt, which may enhance cash flow stability and support long-term growth [3]. - The company holds $73.3 billion in Agency mortgage-backed securities (MBS), benefiting from GSE guarantees, which makes these investments relatively safer despite market volatility [4]. - AGNC's liquidity, including unencumbered cash and Agency MBS, stood at $6.4 billion as of June 30, 2025, with a modest increase in leverage to 7.6 times [5]. - The current dividend yield for AGNC is 14.4%, although it has not increased its dividend in the past five years [6]. Orchid Island Capital - ORC focuses exclusively on Agency residential MBS, which limits credit risks but increases sensitivity to interest rate changes and prepayments [7]. - The recent decline in mortgage rates is expected to improve ORC's book value as spreads in the Agency market tighten, enhancing net interest spread and overall portfolio yield [8]. - ORC currently boasts a dividend yield of 20.6% and has increased its dividend three times in the past five years, supported by a strong liquidity position of $492.5 million [10]. - Earnings for ORC are projected to surge by 450% in 2025 and 40% in 2026, significantly outpacing AGNC's expected declines [9][24]. Performance and Valuation - Over the past year, AGNC shares rose by 8.1%, while ORC shares increased by 4.3%, compared to the industry's growth of 5.2% [11]. - ORC is trading at a 12-month forward price-to-tangible book (P/TB) ratio of 0.88X, which is a discount compared to the industry average of 1.07X, while AGNC trades at a premium with a P/TB of 1.24X [13][16]. - The Zacks Consensus Estimate indicates AGNC's earnings will decline by 15.4% in 2025 and 0.9% in 2026, while ORC's earnings are expected to rise by 450% and 39.7% in the same years [19][20][21]. Conclusion - While AGNC remains a reliable mREIT with a disciplined strategy and steady dividends, ORC presents a more compelling opportunity for income-seeking investors due to its higher dividend yield, strong liquidity, and significant earnings growth potential [22][24].

Core Insights - Mortgage rates have decreased to 6.26%, the lowest since October 2024, driven by a decline in U.S. Treasury yields and a Federal Reserve rate cut [1][11] - The reduction in mortgage rates has led to a significant increase in mortgage loan application volume by 43% and a 58% rise in refinancing activity [2] - The favorable environment for mortgage rates is expected to benefit mortgage REITs (mREITs) such as Ellington Financial, Annaly Capital Management, and Orchid Island Capital [3][4] Mortgage Market Trends - The Federal Reserve's indication of two additional rate cuts by the end of 2025 suggests further declines in mortgage rates, which will likely enhance mREIT profitability and asset prices [4] - As net interest spreads expand, mREITs are positioned for stronger profitability and increased dividend payouts, appealing to income-focused investors [5] Company-Specific Insights Ellington Financial (EFC) - EFC is diversified across residential and commercial mortgage loans, contributing to stable growth and income [6][7] - The company employs dynamic hedging strategies and maintains a balanced portfolio to navigate market volatility [8] - EFC's 2025 earnings estimates remain at $1.74 per share, reflecting a year-over-year growth of 19.2% [9] Annaly Capital Management (NLY) - NLY manages an $89.5 billion portfolio, focusing on diversified investment strategies to reduce volatility and enhance risk-adjusted returns [12][13] - The company's net interest income (NII) surged to $493.2 million in the first half of 2025, up from $47.1 million year-over-year, positioning it for book value gains [14] - NLY's 2025 earnings estimates are stable at $2.89 per share, indicating a year-over-year growth of 7% [15] Orchid Island Capital (ORC) - ORC focuses on Agency residential mortgage-backed securities (RMBS), targeting traditional and structured Agency RMBS [18][19] - The company's NII increased to $42.9 million in the first half of 2025, with expectations for further improvement due to favorable mortgage rates [21] - ORC's 2025 earnings estimates remain at 63 cents per share, reflecting a substantial year-over-year increase of 450% [21]

Core Insights - The Invesco KBW High Dividend Yield Financial ETF (KBWD) is a smart beta ETF launched on December 2, 2010, providing broad exposure to the Financials sector [1] - KBWD aims to match the performance of the KBW Nasdaq Financial Sector Dividend Yield Index, which includes 24 to 40 publicly listed financial companies in the US [5][6] - The ETF has an annual operating expense of 2.02% and a 12-month trailing dividend yield of 12.28% [7] Fund Overview - Managed by Invesco, KBWD has assets exceeding $430.92 million, categorizing it as an average-sized ETF in the Financials sector [5] - The fund's portfolio is entirely allocated to the Financials sector, with top holdings including Orchid Island Capital Inc (4.77%), Invesco Mortgage Capital Inc, and Dynex Capital Inc [8][9] Performance Metrics - As of September 10, 2025, KBWD has returned approximately 5.07% year-to-date and 5.82% over the past year, with a trading range between $12.37 and $15.76 in the last 52 weeks [11] - The fund has a beta of 1.15 and a standard deviation of 20.69% over the trailing three-year period, indicating medium risk [11] Alternatives - Other ETFs in the Financials sector include Vanguard Financials ETF (VFH) with $12.89 billion in assets and Financial Select Sector SPDR ETF (XLF) with $54.53 billion [13] - VFH has an expense ratio of 0.09% and XLF has 0.08%, presenting lower-cost options for investors [13]

Mortgage Market Overview - Mortgage rates are currently at the lowest levels of 2025, with the average 30-year mortgage rate at 6.58% as of August 21, 2025, unchanged from the previous week and down from 6.91% at the start of 2025 [1][9] - The decline in mortgage rates reflects market optimism for potential Federal Reserve rate cuts later in the year, along with changing inflation and bond market dynamics [4] mREITs Performance and Outlook - mREITs such as Apollo Commercial Real Estate Finance (ARI), Annaly Capital Management (NLY), and Orchid Island Capital (ORC) are expected to benefit from lower mortgage rates, which are lifting mortgage originations and driving stronger refinancing activity [5][9] - With improving purchase originations and refinancing activities, mREITs are likely to see book value improvement as Agency market spreads tighten, enhancing net interest spread and financial performance [7][9] Apollo Commercial Real Estate Finance (ARI) - Apollo Commercial has a portfolio of $8.6 billion in loans, primarily secured by properties in the U.S. and European gateway cities, with 96% of its lending consisting of floating-rate loans [10] - Despite a 23.9% year-over-year decline in net interest income (NII) in the first half of 2025, NII is expected to rise due to declining mortgage rates, with a current dividend yield of 9.9% and a payout ratio of 96% [11] Annaly Capital Management (NLY) - Annaly manages an $89.5 billion portfolio, with a focus on residential credit, mortgage servicing rights (MSRs), and Agency mortgage-backed securities (MBS), which helps reduce volatility and interest rate sensitivity [14][15] - NLY's NII increased to $493.2 million in the first half of 2025 from $47.1 million a year ago, supported by improving purchase originations and refinancing, with a current dividend yield of 13.6% and a payout ratio of 99% [16][17] Orchid Island Capital (ORC) - Orchid focuses on Agency residential mortgage-backed securities (RMBS) and has seen its NII rise to $42.9 million in the first half of 2025, compared to net interest expenses of $3.2 million in the same period last year [22] - The company currently offers a dividend yield of 20.4% and has increased its dividend twice in the past five years, with earnings estimates indicating significant year-over-year growth of 450% and 39.7% for 2025 and 2026, respectively [23]