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Orchid Island Capital Declares October Dividend and Estimates Q3 Net Loss

BearishMedium impact
ORC$5.08 0.40%

Orchid Island Capital, Inc. (ORC) declared a monthly cash dividend of $0.10 per share for October 2026. Shareholders of record as of October 30, 2026, will receive the payment on November 27, 2026, with an ex-dividend date of October 30. Alongside the distribution, the specialty finance firm released preliminary estimates for its third-quarter financial performance ended September 30, 2026.

The firm expects a net loss of $0.90 per share for the third quarter, largely driven by $1.17 per share in net realized and unrealized losses on derivative instruments and residential mortgage-backed securities (RMBS). Total return on equity for the quarter dropped to negative 12.5%, as estimated book value per share decreased by $1.20 from the previous quarter to $6.02. Total stockholders' equity stood at approximately $1.2 billion.

Investors should monitor the company's next dividend declaration scheduled for November 10, 2026. As a real estate investment trust, the company must distribute at least 90% of its taxable income annually, though monthly payments rely on estimates and may vary over time.

Key points

  • Orchid Island Capital declared an October 2026 monthly cash dividend of $0.10 per share, payable on November 27, 2026.
  • The company estimated a net loss of $0.90 per share for Q3 2026, including $1.17 per share in losses on RMBS and derivatives.
  • Estimated book value per share fell $1.20 during the third quarter to $6.02 as of September 30, 2026.
  • Estimated total return on equity for the quarter ended September 30, 2026, was negative 12.5%.
  • The next common stock dividend announcement is planned for November 10, 2026.

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Questions and answers

What is the October 2026 dividend for Orchid Island Capital?

Orchid Island Capital declared a monthly cash dividend of $0.10 per share for October 2026, payable on November 27, 2026, to stockholders of record as of October 30, 2026.

What were Orchid Island Capital's estimated Q3 2026 earnings?

The company estimated a net loss of $0.90 per share for the quarter ended September 30, 2026, impacted by $1.17 per share in net realized and unrealized losses on RMBS and derivative instruments.

What is Orchid Island Capital's estimated book value per share?

As of September 30, 2026, Orchid Island Capital estimated its book value per share at $6.02, down $1.20 from $7.22 as of June 30, 2026.