Orchid Island Capital, Inc. 8-K

What Happened
On April 15, 2026, Orchid Island Capital, Inc. announced preliminary financial results and a dividend. The company reported an estimated book value of $7.08 per share as of March 31, 2026, and an estimated GAAP net loss of $0.11 per share for the quarter ended March 31, 2026. The company said the quarter included an estimated $0.37 per share of net realized and unrealized losses on RMBS and derivative instruments. These figures are preliminary and subject to change pending review by the company’s independent registered public accounting firm.

Key Details

• Dividend: declared $0.10 per common share for April 2026; payable May 28, 2026 to holders of record on April 30, 2026 (ex-dividend date April 30, 2026).
• Book value: estimated $7.08 per share as of March 31, 2026.
• Quarterly loss: estimated GAAP net loss of $0.11 per share for Q1 2026.
• RMBS impact: estimated $0.37 per share of net realized and unrealized losses on RMBS and derivatives for the quarter; additional RMBS portfolio details were included in the company’s April 15 press release (Exhibit 99.1).

Why It Matters
Book value and GAAP net income are key metrics for REIT and mortgage-investment trust investors; the preliminary $7.08 book value and $0.11 per-share loss give a snapshot of March-quarter performance. The declared $0.10 monthly dividend is material for income-focused shareholders. Investors should note the numbers are preliminary and subject to audit review, and the company included customary forward-looking statement cautions in the filing.