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Wednesday, 10/14/2020 8:12:22 PM

Wednesday, October 14, 2020 8:12:22 PM

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ORC Orchid Island Capital, Inc. (the "Company") (NYSE:ORC) announced today that the Board of Directors (the "Board") declared a monthly cash dividend for the month of October 2020. The dividend of $0.065 per share will be paid November 25, 2020 to holders of record on October 30, 2020, with an ex-dividend date of October 29, 2020. The Company plans on announcing its next dividend after the Board’s meeting on November 12, 2020.

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