---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-019950"
form_type: "8-K"
ticker: "ORC"
cik: "0001518621"
company_name: "Orchid Island Capital, Inc."
filed_at: "2024-06-11T23:59:59+00:00"
generated_at: "2026-06-01T05:02:28.757365+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Orchid Island Capital announces $250M ATM equity program, $0.12 dividend, board election

## Summary
- Entered $250M at-the-market equity distribution agreement with J.P. Morgan, Citizens JMP, JonesTrading; agents get up to 2% commission.
- Declared June 2024 dividend of $0.12/share, payable July 30 to holders of record June 28.
- Share count rose to 62.8M as of June 11 from 52.8M at March 31, reflecting prior ATM issuances.
- All six director nominees elected; BDO USA ratified as auditor; advisory say-on-pay approved.
- Disclosed RMBS portfolio characteristics as of May 31, 2024 (preliminary figures).

## SEC filing metadata
- accession: 0001437749-24-019950
- form_type: 8-K
- ticker: ORC
- cik: 0001518621
- company_name: Orchid Island Capital, Inc.
- filed_at: 2024-06-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1518621/000143774924019950/0001437749-24-019950-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1518621/000143774924019950/orc20240610_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-019950
- JSON: https://secwatch.observer/filing/0001437749-24-019950.json
- Plain text: https://secwatch.observer/filing/0001437749-24-019950.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.