REIT - Mortgage · Vero Beach, Florida, United States
$6.85
+0.44% (+$0.03)2026-05-26
Net Income-$20.0M
Market Cap$1.3B
Price Performance
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Company Profile
R
Robert Cauley
CEO & Executive Director
Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States.
The companyâs RMBS is backed by single-family residential mortgage loans, referred to as Agency RMBS.
Its portfolio comprises traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS, including interest only securities, inverse interest only securities, and principal only securities.
The company has elected to be taxed as a real estate investment trust (REIT) for the United States federal income tax purposes.
As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to stockholders, if it annually distributes dividends equal to at least 90% of its REIT taxable income to its shareholders.
Orchid Island Capital, Inc. was incorporated in 2010 and is headquartered in Vero Beach, Florida.