SmarterDividends
ORC

Orchid Island Capital, Inc.

ORC

Real Estate · Stock · monthly payer

Forward Yield

17.96%

Annual Dividend

$1.20

Payout Ratio

152%

5-Yr Growth

-18.1%

Ex-Date

May 29, 2026

Frequency

Monthly

ORC Dividend Safety Score

45/ 100
Grade D

Risky

Dividend-growth streak1 consecutive years of growth
Cut historyCut its dividend in 2024
Earnings payout coverage152% of earnings paid out
Balance-sheet strengthDebt/equity of 7.81
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is ORC a good dividend stock?

Mixed

Orchid Island Capital, Inc. (ORC) pays a monthly dividend yielding 17.96% ($1.20/yr), with 1 year of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2024
    • Elevated payout ratio (152%)
    • Dividend has been shrinking, not growing
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    17.96%
    Payout Ratio
    152%
    Annual Dividend
    $1.20
    5-Yr Avg Growth
    -18.1%
    Ex-Dividend Date
    May 29, 2026
    Years of Growth
    1
    Frequency
    monthly
    Beta
    1.55
    Market Cap
    $1.3B
    P/E Ratio
    7.0
    5-Yr Total Return
    -74%
    52-Week Range
    $6.57 – $8.40
    Dividend Safety
    D · 45/100
    Ever Cut?
    Yes (2024)
    ORC ex-dividend date & scheduleNext ex-date May 29, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $1.20 / yr per share

    Per payment (monthly)$10.00
    Annual$120.00
    Monthly avg$10.00