10 Extreme Dividend Stocks to Invest in Now

2. Orchid Island Capital, Inc. (NYSE:ORC)

Dividend Yield as of January 23: 18.06%

Orchid Island Capital, Inc. (NYSE:ORC) is an American specialty finance company, headquartered in Florida. The company is confident about its future investments, expecting appealing opportunities to continue. It believes total returns could increase if the Federal Reserve begins to relax monetary policy, especially if banks become more active in the Agency RMBS market. However, even without such developments, the current investment environment remains favorable, with hedged net interest spreads providing strong support for maintaining existing dividend levels. Since the start of 2025, the stock has surged modestly by just a little over 1%.

Orchid Island Capital, Inc. (NYSE:ORC) holds a strong dividend history and rewards shareholders with monthly dividends. The company has reliably distributed monthly dividends to shareholders since it went public in 2013. Beginning with total dividend payments of over $4.6 million in its debut year, the company increased this figure to over $81 million by the close of 2023. Over the years, it has returned approximately $658 million to its shareholders through dividends.

Orchid Island Capital, Inc. (NYSE:ORC)’s monthly dividend comes in at $0.12 per share for a dividend yield of 18.06%, as of January 23.

Orchid Island Capital, Inc. (NYSE:ORC) was a part of 11 hedge fund portfolios at the end of Q3 2024, up from 10 in the previous quarter, according to Insider Monkey’s database. The stakes owned by these hedge funds are worth over $11.7 million collectively.