Specialty finance company Orchid Island Capital, Inc. has been making waves in the residential mortgage-backed securities (RMBS) market in the United States. With a focus on Agency RMBS, which are backed by single-family residential mortgage loans, the company has built an impressive portfolio that includes both traditional pass-through Agency RMBS and structured Agency RMBS. The latter category comprises interest only securities, inverse interest only securities, and principal only securities, which allow the company to diversify its holdings and mitigate risk. One key advantage of investing in Orchid Island Capital, Inc. is the company's status as a real estate investment trust (REIT) for US federal income tax purposes. Under this structure, the firm is not subject to corporate income tax on a portion of its net income that is distributed to stockholders, as long as it distributes dividends equal to at least 90% of its REIT taxable income to them. This reduces the tax burden on the company and can be beneficial for investors. Founded in 2010 and headquartered in sunny Vero Beach, Florida, Orchid Island Capital, Inc. is a rising star in the world of RMBS investing, with a sharp eye for attractive investment opportunities and a commitment to delivering value to its shareholders.
Orchid Island Capital's ticker is ORC
The company's shares trade on the TSX-V stock exchange
They are based in Dar es Salaam, Tanzania
There are 51-200 employees working at Orchid Island Capital
It is orchidislandcapital.com/home/default.aspx
Orchid Island Capital is in the Services sector
Orchid Island Capital is in the Oil & Gas Equipment & Services industry
The following five companies are Orchid Island Capital's industry peers: