ORC May 2024 7.500 put

Orchid Island Capital Announces May 2024 Monthly Dividend and April 30, 2024 RMBS Portfolio Characteristics

VERO BEACH, Fla., May 08, 2024--Orchid Island Capital, Inc. (the "Company") (NYSE: ORC) announced today that the Board of Directors of the Company declared a monthly cash dividend for the month of May 2024. The dividend of $0.12 per share will be paid June 27, 2024 to holders of record of the Company’s common stock on May 31, 2024, with an ex-dividend date of May 31, 2024. The Company plans on announcing its next common stock dividend on June 11, 2024.