1. Orchid Island Capital Slashes Dividend 16.7% to $0.10, Signaling Pressure on Mortgage REIT
Orchid Island Capital has executed a sharp dividend cut, reducing its quarterly payout by 16.7% to $0.10 per share. This move directly pressures shareholder returns and signals potential strain within the mortgage real estate investment trust (mREIT) sector. The reduction follows a period of market volatility impacting...