Welcome to our dedicated page for Dynex Cap news (Ticker: DX), a resource for investors and traders seeking the latest updates and insights on Dynex Cap stock.
Dynex Capital, Inc. (NYSE: DX) is an internally managed mortgage real estate investment trust (REIT) that was formed in 1988. Specializing in the oversight of a diversified and high-quality leveraged fixed-income portfolio, the company's primary aim is to offer shareholders attractive, risk-adjusted returns over the long term.
Dynex Capital's investment strategy revolves around mortgage-backed securities (MBS), which include both residential MBS and commercial MBS. By focusing on these areas, the company seeks to balance income generation with capital preservation. The firm's portfolio primarily comprises Agency mortgage-backed securities, which are backed by government-sponsored entities, thus providing a level of security and stability to their investments.
One of the key advantages of Dynex Capital is its internal management structure, which ensures that the interests of the management team are aligned with those of the shareholders. This alignment is critical in making strategic investment decisions that aim to maximize shareholder value while mitigating risks. The company's experienced management team utilizes a disciplined investment approach, leveraging their deep understanding of the fixed-income market to navigate various economic cycles effectively.
In recent years, Dynex Capital has achieved notable milestones. These include maintaining a robust portfolio despite market volatility and consistently paying dividends to its shareholders. The company continues to monitor and adjust its investment strategies in response to fluctuating market conditions, ensuring a resilient and adaptive portfolio. Furthermore, Dynex Capital is actively exploring new investment opportunities and partnerships to enhance its portfolio and deliver sustained shareholder value.
Investors looking to stay updated on Dynex Capital's performance, events, and developments will find the latest news and updates on their official website and credible financial news sources. Regular updates include financial reports, market analysis, and strategic announcements, keeping stakeholders informed about the company's progress and future plans.
Dynex Capital (NYSE: DX) has announced a 13% increase in its monthly cash dividend, raising it from $0.15 to $0.17 per share for March 2025. The dividend will be payable on April 1, 2025, to shareholders of record as of March 24, 2025.
According to Co-CEO and President Smriti L. Popenoe, this dividend increase reflects the company's strong performance, financial strength, and commitment to delivering shareholder value. The decision is supported by a favorable investing environment and management's confidence in generating attractive returns.
Dynex Capital has announced that its Board of Directors declared a monthly cash dividend of $0.15 per share on its Common Stock (NYSE: DX) for February 2025. The dividend will be paid on March 3, 2025, to shareholders who are on record as of February 24, 2025.
Dynex Capital (DX) reported its Q4 and full-year 2024 results, achieving a total economic return of 1.0% for Q4 and 7.4% for the full year. The company posted a book value per share of $12.70 as of December 31, 2024, with comprehensive income of $0.15 per share and net income of $0.61 per share for Q4.
Key financial highlights include $64.4 million raised through ATM stock issuances in Q4, bringing the total capital raised in 2024 to $332.0 million. The company declared dividends of $0.43 per share for Q4 and $1.60 for the full year. Total shareholder return reached 13.7% in 2024 and 27.4% over two years.
The company increased its monthly dividend from $0.13 to $0.15 per share starting November 2024, supported by expected recognition of deferred tax hedge gains of $99.9 million. Interest income continued to rise due to higher coupon investments, while recent Federal Reserve rate cuts benefited comprehensive income by lowering repurchase agreement borrowing costs.
Dynex Capital (NYSE: DX) has announced it will release its fourth quarter and full year 2024 financial results before market open on Monday, January 27, 2025. The company will host a conference call and live audio webcast at 10:00 a.m. ET on the same day to discuss the results.
Investors can access the live audio webcast through the company's website at www.dynexcapital.com under 'Current Events.' An archived version will be available approximately two hours after the live call. For telephone access, participants should dial (888) 330-2022 (North America) or (646) 960-0690 (International) at least 10 minutes before the call, using conference ID 1957092.
Dynex Capital (NYSE: DX) has announced that its Board of Directors has declared a monthly cash dividend of $0.15 per common share for January 2025. The dividend will be paid on February 3, 2025, to shareholders who are on record as of January 23, 2025.
Dynex Capital, Inc. has declared a cash dividend of $0.15 per share on its Common Stock (NYSE: DX) for December 2024. The dividend is payable on January 7, 2025, to shareholders of record as of January 2, 2025.
Additionally, Dynex announced a quarterly cash dividend of $0.43125 per share for its 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE: DXPRC) for the fourth quarter of 2024. This dividend is payable on January 15, 2025, to shareholders of record as of January 1, 2025.
Dynex Capital has announced a cash dividend of $0.15 per share on its Common Stock (NYSE: DX) for November 2024. The dividend will be payable on December 2, 2024, to shareholders of record as of November 22, 2024. This declaration was made by the Company's Board of Directors, demonstrating their commitment to returning value to shareholders.
Dynex Capital reported its Q3 2024 financial results, highlighting a total economic return of $0.89 per common share, or 7.1% of beginning book value. Key points include:
- Book value per common share of $13.00 as of September 30, 2024
- Comprehensive income of $0.93 per common share
- Net income of $0.38 per common share
- Dividends declared of $0.39 per common share for Q3
- Purchased $1.1 billion of Agency RMBS
- Liquidity of $708.7 million as of September 30, 2024
- Leverage including TBA securities at 7.6 times shareholders' equity
The Board of Directors announced an increase in the monthly dividend to $0.15 per common share. Management expressed confidence in the company's positioning to deliver solid returns through portfolio management, capital structure optimization, equity raising, and accretive investments.
Dynex Capital has announced a cash dividend of $0.13 per share on its Common Stock (NYSE: DX) for October 2024. The dividend will be payable on November 1, 2024, to shareholders of record as of October 25, 2024. This declaration was made by the Company's Board of Directors, demonstrating their commitment to providing returns to shareholders.
Dynex Capital, Inc. (NYSE: DX) has announced the schedule for its third quarter 2024 earnings release and conference call. The company will release its financial results before the market opens on Monday, October 21, 2024. Following the release, Dynex will host a conference call and live audio webcast at 10:00 a.m. ET to discuss the financial results.
Investors and interested parties can access the live audio webcast on the company's website at www.dynexcapital.com under the 'Current Events' section on the homepage. An archive of the webcast will be available approximately two hours after the live call ends. For those preferring to listen via telephone, the conference call can be accessed by dialing (888) 330-2022 for North America or 1 (646) 960-0690 for International callers, using the conference ID 1957092. It is recommended to dial in at least 10 minutes before the call begins.
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