Orchid Island Capital Files 8-K
Ticker: ORC · Form: 8-K · Filed: Sep 10, 2024 · CIK: 1518621
| Field | Detail |
|---|---|
| Company | Orchid Island Capital, Inc. (ORC) |
| Form Type | 8-K |
| Filed Date | Sep 10, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $0.12 |
| Sentiment | neutral |
Sentiment: neutral
Topics: reporting, financials
Related Tickers: ORC
TL;DR
ORC filed an 8-K, mostly financial exhibits. No major news.
AI Summary
On September 9, 2024, Orchid Island Capital, Inc. filed an 8-K report. The filing primarily concerns financial statements and exhibits, with no specific material events or other significant business updates detailed in the provided text. The company is a real estate investment trust incorporated in Maryland.
Why It Matters
This filing indicates Orchid Island Capital is fulfilling its reporting obligations with the SEC, primarily related to financial statements and exhibits.
Risk Assessment
Risk Level: low — The filing is a routine 8-K for financial statements and exhibits, not indicating any immediate material changes or risks.
Key Numbers
- 001-35236 — SEC File Number (Identifies the company's filing with the SEC.)
- 27-3269228 — IRS Number (Company's Employer Identification Number.)
Key Players & Entities
- Orchid Island Capital, Inc. (company) — Registrant
- Maryland (jurisdiction) — State of Incorporation
- 3305 Flamingo Drive, Vero Beach, Florida 32963 (address) — Principal Executive Offices
- 772-231-1400 (phone_number) — Registrant's telephone number
FAQ
What is the primary purpose of this 8-K filing for Orchid Island Capital, Inc.?
The primary purpose of this 8-K filing is to report financial statements and exhibits, as indicated by the 'ITEM INFORMATION: Financial Statements and Exhibits' section.
When was the earliest event reported in this filing?
The date of the earliest event reported in this filing is September 9, 2024.
In which state is Orchid Island Capital, Inc. incorporated?
Orchid Island Capital, Inc. is incorporated in Maryland.
What is the principal executive office address for Orchid Island Capital, Inc.?
The principal executive office address is 3305 Flamingo Drive, Vero Beach, Florida 32963.
Does this filing report any specific material events or changes for Orchid Island Capital, Inc.?
Based on the provided text, this filing is categorized under 'Other Events' and 'Financial Statements and Exhibits,' and does not detail any specific material events or changes beyond routine reporting.
Filing Stats: 681 words · 3 min read · ~2 pages · Grade level 11.6 · Accepted 2024-09-10 08:21:52
Key Financial Figures
- $0.01 — registered: Common Stock , par value $0.01 per share ORC NYSE Indicate by che
- $0.12 — dend for the month of September 2024 of $0.12 per share of the Company's common stock
Filing Documents
- orc20240909_8k.htm (8-K) — 25KB
- ex_722498.htm (EX-99.1) — 399KB
- 0001437749-24-028811.txt ( ) — 573KB
- orc-20240909.xsd (EX-101.SCH) — 3KB
- orc-20240909_def.xml (EX-101.DEF) — 11KB
- orc-20240909_lab.xml (EX-101.LAB) — 15KB
- orc-20240909_pre.xml (EX-101.PRE) — 11KB
- orc20240909_8k_htm.xml (XML) — 3KB
01. Other Events
Item 8.01. Other Events. On September 9, 2024, Orchid Island Capital, Inc. (the "Company") announced that the Board of Directors of the Company declared a dividend for the month of September 2024 of $0.12 per share of the Company's common stock, to be paid on October 30, 2024 to holders of record on September 30, 2024, with an ex-dividend date of September 30, 2024. In addition, the Company announced certain details of its RMBS portfolio as of August 31, 2024 as well as certain other information regarding the Company. A copy of the Company's press release announcing the dividend and the other information regarding the Company is attached hereto as Exhibit 99.1 and incorporated herein by this reference. Caution About Forward-Looking Statements. This Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws, including, but not limited to, statements about the Company's distributions. These forward-looking statements are based upon the Company's present expectations, but the Company cannot assure investors that actual results will not vary from the expectations contained in the forward-looking statements. Investors should not place undue reliance upon forward looking statements. For further discussion of the factors that could affect outcomes, please refer to the "Risk Factors" section of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023. All forward-looking statements speak only as of the date on which they are made. New risks and uncertainties arise over time, and it is not possible to predict those events or how they may affect the Company. Except as required by law, the Company is not obligated to, and does not intend to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated September 9, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: September 10, 2024 ORCHID ISLAND CAPITAL, INC. By: /s/ Robert E. Cauley Robert E. Cauley Chairman and Chief Executive Officer