Binance Pays Out $0.50 Dividend in USDC to Orchid Island Capital Shareholders

Binance has distributed a dividend of $0.50 per share in USDC to eligible holders of Orchid Island Capital (NYSE: ORC), a mortgage REIT that has been paying dividends consistently since its IPO in 2013.

The dividend payout is part of Binance's effort to bridge conventional equity investing with crypto-native tooling, allowing users to collect traditional stock dividends without ever touching a bank account.

This is not the first time Binance has executed USDC dividend conversions for multiple equities. Prior distributions include $0.75 and $0.15 per share for other stocks on the platform.

Orchid Island Capital declared a monthly cash dividend of $0.10 per share on July 8, 2026, payable on August 28, 2026. The $0.50 Binance distributed reflects either a multi-month accumulation or a separate calculation tied to the platform's distribution schedule.

As a mortgage REIT focused exclusively on Agency residential mortgage-backed securities, ORC has historically posted yields above 17%. Its net income for Q2 2026 was $89.2 million, or $0.44 per share.