Previous close | 8.39 |
Open | 8.53 |
Bid | 8.73 x 1400 |
Ask | 8.75 x 2900 |
Day's range | 8.37 - 8.77 |
52-week range | 5.90 - 11.27 |
Volume | |
Avg. volume | 1,159,954 |
Market cap | 461.668M |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.44 (17.16%) |
Ex-dividend date | 29 Apr 2024 |
1y target est | N/A |
Detailed Analysis of Orchid Island's Financial Performance and Strategic Positioning Amidst Economic Challenges
A yield trap is a stock that presently pays a very attractive dividend yield but is likely to have to cut its dividend soon. Beginning investors often make the mistake of choosing stocks simply based on high dividend yields, but often these are yield traps at high risk for cutting the dividend. When dividends are cut, the investor receives the double whammy of a price drop and a smaller dividend. Investors can reduce the risk of buying a yield trap by focusing on two key factors — the relationsh
We feel now is a pretty good time to analyse Orchid Island Capital, Inc.'s ( NYSE:ORC ) business as it appears the...