And we talk with Harvard Business School professor Ranjay Gulati about key insights from his book "Deep Purpose: The Heart and Soul of High-Performance Companies." Read More...
Benzinga
Dividend Cuts Could Be Right Around The Corner For These 3 REITs
Orchid Island Capital Corp. (NYSE: ORC) is a finance company that acquires, invests in and offers financing from U.S. residential mortgage-backed securities (MBS). The Florida mortgage real estate investment trust (REIT) initiated an IPO in March 2013 at a price of $14.50. Its monthly dividend of $0.135 returned an approximate annual yield of 11%. However, in the last few years, the stock price has floundered, and ORC has reduced its dividend payment several times. Orchid’s price had recently be
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