ORC Dividend Calculator
Project dividend-reinvestment (DRIP) growth, income, and yield on cost for Orchid Island Capital, Inc. (ORC). Pre-filled with illustrative figures — edit them with current numbers.
About ORC
Orchid Island Capital is a mortgage REIT that invests on a leveraged basis in agency residential mortgage-backed securities, and pays a very high monthly dividend. Mortgage REITs are highly sensitive to interest rates and MBS spreads, and both the dividend and the share price have historically been cut in adverse rate environments — the high yield carries real risk.
ORC is a mortgage reit from Orchid Island Capital that distributes monthly. Because dividend investing is about both income and the growth of that income, the calculator above lets you model three things independently for ORC: the starting yield, how fast the dividend grows each year, and how fast the share price appreciates. That separation matters most for high-yield versus dividend-growth choices, where a lower starting yield that grows quickly can overtake a higher static yield over time.
How to use the ORC calculator
- Replace the pre-filled yield with ORC’s current dividend yield from your broker or the fund’s page.
- Set your initial investment and monthly contribution.
- Estimate the dividend growth rate and price growth rate. For a mortgage reit these can differ a lot — be realistic rather than optimistic.
- Choose your dividend tax rate and whether to reinvest (DRIP), then read the projected value, dividends received, and yield on cost.
The full math, including how the money-weighted return is computed, is on the methodology page.
ORC dividend calculator FAQ
- How does this ORC dividend calculator work?
- It runs a month-by-month projection: each month it adds your contribution, pays a dividend based on the yield you enter, optionally reinvests it (DRIP), then applies price growth. The page loads with illustrative figures for Orchid Island Capital, Inc.; replace them with the current yield and your own assumptions for an accurate projection.
- What yield should I use for ORC?
- Use ORC's current dividend yield from your broker or the fund page, not the example value pre-filled here — yields move with the share price and the distribution. Enter the trailing or forward yield, whichever you prefer to model.
- Does ORC pay monthly or quarterly?
- Orchid Island Capital, Inc. pays monthly. This calculator projects annual totals and compounds monthly, so it works the same regardless of the actual payment schedule — the monthly cadence just affects when cash actually lands in your account.
- Is the ORC projection a guarantee?
- No. It is an educational projection based on the assumptions you enter, held constant. Real dividends can rise, be cut, or stop, and prices fluctuate. Use it to compare scenarios, not to predict returns, and never rely on a single calculator for an investment decision.