Orchid Island Capital reported a net income of $26.0 million, or $0.20 per common share, for the three month period ended September 30, 2021. The company's book value per common share was $4.77 at the end of the quarter.
Net income of $26.0 million, or $0.20 per common share
Net interest income of $32.6 million, or $0.25 per common share
Third quarter total dividends declared and paid of $0.195 per common share
Book value per common share of $4.77 at September 30, 2021
Management expects the portfolio to retain a bias towards higher rates and the likely tapering of MBS asset purchases by the Fed starting before year-end.
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