Orchid Island Capital (ORC) Misses Q3 EPS by 3c
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Orchid Island Capital Announces Third Quarter 2014 Results
October 27, 2014 4:15 PM EDTVERO BEACH, FL, Oct. 27, 2014 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (NYSE: ORC) ("Orchid" or the "Company"), a real estate investment trust ("REIT"), today announced results of operations for the three month period ended September 30, 2014.
Third Quarter 2014 Highlights
Net income of $6.8 million, or $0.63 per common share Third quarter total dividends declared and paid of $0.54 per common share Book Value Per Share of $13.27 at September 30, 2014 5.8% economic gain on common equity for the quarter, or 23.2% annualized, comprised of $0.54 dividend per common share and $0.22 increase in... More