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mokew

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mokew

Re: leftovers post# 580

Friday, 12/01/2017 2:40:55 PM

Friday, December 01, 2017 2:40:55 PM

Post# of 1777
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"Orchid Island Capital, Inc. (the "Company") ORC, +0.21% announced today that the Board of Directors declared a monthly cash dividend for the month of November 2017. The dividend of $0.14 per share will be paid December 8, 2017, to holders of record on November 30, 2017, with an ex-dividend date of November 29, 2017".

The way I see it, the money has to come from somewhere so it will have to come from share price. After Dec. 8 we should start climbing again.
JMHO
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