secwatch.observer — SEC 8-K summary
======================================

Issuer:     Orchid Island Capital, Inc. (ORC)
CIK:        0001518621
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0001437749-24-032025
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orchid Island Capital reports Q3 net income $17.3M, book value $8.40, dividend $0.36/share
--------------------------------------------------------------------------------

- Net income of $17.3M ($0.24 per share) vs. net loss of $80.1M in Q3 2023.
- Book value per share $8.40, down $0.18 from Q2; total economic return 2.10%.
- Monthly dividend maintained at $0.12; declared $0.12 payable Nov 27, 2024.
- Liquidity $326.7M (50% of equity); adjusted leverage 8.0x; raised $128.6M via ATM in 2024.
- Interest income yield improved to 5.43% from 5.05% QoQ; borrowing cost 5.62%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1518621/000143774924032025/0001437749-24-032025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1518621/000143774924032025/orc20240825_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-032025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer