Orchid Island Capital, Inc. (ORC) will begin trading ex-dividend on July 29, 2021. A cash dividend payment of $0.065 per share is scheduled to be paid on August 27, 2021. Shareholders who purchased ORC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 12th quarter that ORC has paid the same dividend. At the current stock price of $5.1, the dividend yield is 15.29%.
The previous trading days last sale of ORC was $5.1, representing a -18.01% decrease from the 52 week high of $6.22 and a 5.59% increase over the 52 week low of $4.83.
ORC is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) (AMT) and Prologis, Inc. (PLD). ORCs current earnings per share, an indicator of a companys profitability, is $1.04. Zacks Investment Research reports ORCs forecasted earnings growth in 2021 as -11.67%, compared to an industry average of 7.5%.
Interested in gaining exposure to ORC through an Exchange Traded Fund [ETF]?
The following ETF(s) have ORC as a top-10 holding:
- Invesco KBW High Dividend Yield Financial ETF (ORC).
The top-performing ETF of this group is KBWD with an increase of 8.31% over the last 100 days. It also has the highest percent weighting of ORC at 5.24%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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