Orchid Island Capital (ORC) Tops Q1 EPS by 18c
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Orchid Island Capital Announces First Quarter 2014 Results
May 1, 2014 4:47 PM EDTVERO BEACH, Fla., May 1, 2014 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (NYSE MKT: ORC) ("Orchid" or the "Company"), a real estate investment trust ("REIT"), today announced results of operations for the three month period ended March 31, 2014.
First Quarter 2014 Highlights
Net income of $3.6 million, or $0.71 per common share First quarter total dividend payments of $0.54 per common share Book Value Per Share of $12.47 at March 31, 2014 2.9% economic loss on common equity for the quarter, or 11.6% annualized, comprised of $0.54 dividend per common share and $0.93 decrease in net... More