Orchid Island Capital Alerts Stockholders to Dividend Payment Issue
Orchid Island Capital, Inc. (the "Company") (NYSE: ORC ) has become aware of an issue with stockholders of record of the Company''s common stock on August 31, 2022 not receiving the full monthly cash dividend for the month of August 2022 of $0.16 per share that should have been paid on September 28, 2022. The Company fully funded this $0.16 per share dividend by making payment to its transfer agent prior to September 28, 2022. The Company understands that an inadvertent administrative error at DTC resulted in brokers not receiving the full amount of … Full story available on Benzinga.com
Orchid Island Capital Alerts Stockholders to Dividend Payment Issue
Orchid Island Capital, Inc. (the "Company") (NYSE: ORC ) has become aware of an issue with stockholders of record of the Company''s common stock on August 31, 2022 not receiving the full monthly cash dividend for the month of August 2022 of $0.16 per share that should have been paid on September 28, 2022. The Company fully funded this $0.16 per share dividend by making payment to its transfer agent prior to September 28, 2022. The Company understands that an inadvertent administrative error at DTC resulted in brokers not receiving the full amount of … Full story available on Benzinga.com