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Orchid Island Capital Announces First Quarter 2021 Results


Orchid Island Capital Announces First Quarter 2021 Results
By
Staff
4 mins ago
VERO BEACH, Fla.–(BUSINESS WIRE)–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 March 31, 2021.
First Quarter 2021 Highlights
Net interest income of $24.9 million, or $0.29 per common share
Total expenses of $3.5 million, or $0.04 per common share
Net realized and unrealized losses of $50.8 million, or $0.60 per common share, on RMBS and derivative instruments, including net interest expense on interest rate swaps
First quarter total dividends declared and paid of $0.195 per common share
Book value per common share of $4.94 at March 31, 2021 ....

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