From .18 down to .14 down to .11 down to .09. Can you see the pattern here?
ALL share holders had no clue of this one so quick after the last they are now deer caught in the headlights don't know what hit them!
These high flying dividend stocks adjust down to where they are posting 14-18% return on the new adjusted dividend payout. Real easy to see where this price is heading.
This stock has options would be a good time to buy a put a year out to protect your investment if your long term holder. I don't think you will see this back at 9.00 anytime soon with this latest cut.
For the record I got out at 8 dollars and have no thoughts of returning here.
Recent ORC News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/01/2024 08:06:31 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/25/2024 05:02:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/24/2024 08:14:24 PM
- Orchid Island Capital Announces Third Quarter 2024 Results • GlobeNewswire Inc. • 10/24/2024 08:05:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/16/2024 09:24:27 PM
- Orchid Island Capital Announces Estimated Third Quarter 2024 Results, October 2024 Monthly Dividend and September 30, 2024 RMBS Portfolio Characteristics • GlobeNewswire Inc. • 10/16/2024 09:17:13 PM
- Orchid Island Capital to Announce Third Quarter 2024 Results • GlobeNewswire Inc. • 10/07/2024 08:32:41 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/02/2024 08:28:10 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/02/2024 08:26:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/02/2024 08:24:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/10/2024 12:21:52 PM
- Orchid Island Capital Announces September 2024 Monthly Dividend and August 31, 2024 RMBS Portfolio Characteristics • Business Wire • 09/09/2024 08:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 08:54:17 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2024 09:06:09 PM
- Orchid Island Capital Announces August 2024 Monthly Dividend and July 31, 2024 RMBS Portfolio Characteristics • Business Wire • 08/14/2024 08:55:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/31/2024 08:35:46 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/26/2024 04:28:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/25/2024 08:43:30 PM
- Orchid Island Capital Announces Second Quarter 2024 Results • Business Wire • 07/25/2024 08:05:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/10/2024 08:59:22 PM
- Orchid Island Capital Announces Estimated Second Quarter 2024 Results, July 2024 Monthly Dividend and June 30, 2024 RMBS Portfolio Characteristics • Business Wire • 07/10/2024 08:43:00 PM
- Orchid Island Capital to Announce Second Quarter 2024 Results • Business Wire • 07/10/2024 05:03:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/11/2024 08:15:34 PM
- Orchid Island Capital Announces June 2024 Monthly Dividend and May 31, 2024 RMBS Portfolio Characteristics • Business Wire • 06/11/2024 08:12:00 PM
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