Binance distributes $0.50 dividend per ORC share in USDC

Share

Binance has paid a $0.50 per share dividend in USDC to Orchid Island Capital (NYSE: ORC) shareholders, with a record date of July 10, 2026. This amount reflects a multi-month accumulation rather than a single monthly payout, as the company declared a $0.10 per share monthly dividend payable on August 28, 2026. Orchid Island Capital is a real estate investment trust focused on Agency residential mortgage-backed securities, having paid consistent dividends since its 2013 IPO with yields historically above 17%. The company reported net income of $89.2 million for Q2 2026, or $0.44 per share. This payment is part of Binance Stocks, a service enabling investors to receive traditional stock dividends in stablecoin form without needing a conventional bank account.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles