It is one of the 49 monthly dividend stocks.

Orchid Island pays dividends each month, which gives it the compelling combination of a a high yield with monthly dividend payments. Mortgage REITs typically have much higher dividend yields than standard REITs, but this does not necessarily make them better investments.įor example, Orchid Island Capital (ORC) is a mortgage REIT, with an extremely high dividend yield of 15.1%. These REITs do not own physical properties, but rather buy mortgage securities. Most REITs own physical real estate, lease the properties to tenants, and derive rental income which is used to pay dividends.īut there is a different set of REITs that investors may not be as familiar with: mortgage REITs.

Investors are likely familiar with the standard Real Estate Investment Trusts, or REITs. Updated on September 13th, 2022 by Nate Parsh