Orchid Island Capital, Inc. ORC

Hang tight

So did I?‍♂️

Last divided was .16 cents. After they went to 1 share for every 5 shares you 0”own. I forget the exact numbers, but we lost 30% in monthly dividend payments. That was the last sign before I cashed out!!
Good luck to long time holders!

Why are my past post blank???
Are they editing public post?

A shame, I had high hopes on retiring on those dividends.
Then I see the company flushing down the toilet.
…..Slowly …… cut your losses and get out while you still can!!! Peace ☮️

Cutting dividends 30% was the final sign!

I am sooo glad ?I got out of this stock!
Sure, dividends where great before management started playing games!!
I understand, business is business!
Just glad I got l out a little ahead.
Good luck to long time holders!

Keep going lower!

New to covering this stock. What caused the drop from 6 in April? Market or company news?

Second, price erosion for last 5 years is pretty bad. Explanations please? Thanks.

They issued 7 million new shares. Hopefully this goes to 5. The fed announcement might screw it up though.