Dynex Capital, Inc. Announces 2022 Dividend Tax Information

Rhea-AI Summary

Dynex Capital (NYSE: DX) has announced the tax treatment of dividends declared in 2022 for both common and preferred stockholders. Notably, the common stock dividend is set at $0.13 per share, recorded on December 23, 2022, and paid on January 3, 2023. The Series C Preferred Stock dividends were reported at $0.431250 per share. Shareholders are encouraged to consult their tax advisors regarding the implications of these distributions on their taxes. This information is crucial for proper tax reporting and compliance.

Positive

• Common stock dividend of $0.13 per share indicates continued dividend income for shareholders.
• Series C Preferred Stock dividend of $0.431250 signifies healthy returns for preferred shareholders.

Negative

• None.

GLEN ALLEN, Va.--(BUSINESS WIRE)-- Dynex Capital, Inc. (“Dynex” or the “Company”) (NYSE: DX) today announced the tax treatment of common stock and preferred stock dividends declared in 2022.

Dividend Tax Information

We are providing the information below to assist shareholders with their tax reporting requirements relating to the dividend distributions by Dynex. Shareholders should review the 2022 tax statements and/or Forms 1099 that they receive from their brokerage firms to ensure that the dividend distribution information reported on such statements conforms to the information set forth in this press release.

Dynex Capital, Inc. Common Stock (CUSIP 26817Q886)

Record Date			Payment Date			Dividends per Share (1)			Ordinary Income			Capital Gain Distribution			Nondividend Distributions			Section 199A Dividends
11/21/22			12/01/22			$ 0.13			$ 0.0718221			$ 0.00			$ 0.0581779			$ 0.0718221
10/21/22			11/01/22			$ 0.13			$ 0.0718221			$ 0.00			$ 0.0581779			$ 0.0718221
09/23/22			10/03/22			$ 0.13			$ 0.0718221			$ 0.00			$ 0.0581779			$ 0.0718221
08/22/22			09/01/22			$ 0.13			$ 0.0718221			$ 0.00			$ 0.0581779			$ 0.0718221
07/22/22			08/01/22			$ 0.13			$ 0.0718221			$ 0.00			$ 0.0581779			$ 0.0718221
06/24/22			07/01/22			$ 0.13			$ 0.0718221			$ 0.00			$ 0.0581779			$ 0.0718221
05/23/22			06/01/22			$ 0.13			$ 0.0718221			$ 0.00			$ 0.0581779			$ 0.0718221
04/22/22			05/02/22			$ 0.13			$ 0.0718221			$ 0.00			$ 0.0581779			$ 0.0718221
03/22/22			04/01/22			$ 0.13			$ 0.0718221			$ 0.00			$ 0.0581779			$ 0.0718221
02/22/22			03/01/22			$ 0.13			$ 0.0718221			$ 0.00			$ 0.0581779			$ 0.0718221
01/24/22			02/01/22			$ 0.13			$ 0.0718221			$ 0.00			$ 0.0581779			$ 0.0718221
						$ 1.43			$ 0.7900431			$ 0.00			$ 0.6399569			$ 0.7900431

(1)	The dividend distribution to common stockholders of record as of December 23, 2022 of $0.13 per common share, which was paid on January 3, 2023, will be reported on Form 1099-DIV for 2023.

Dynex Capital, Inc. Series C Preferred Stock (CUSIP 26817Q878)

Record Date			Payment Date			Dividends per Share			Ordinary Income			Capital Gain Distribution			Nondividend Distributions			Section 199A Dividends
10/01/22			10/17/22			$ 0.431250			$ 0.431250			$ 0.00			$ 0.00			$ 0.431250
07/01/22			07/15/22			$ 0.431250			$ 0.431250			$ 0.00			$ 0.00			$ 0.431250
04/01/22			04/15/22			$ 0.431250			$ 0.431250			$ 0.00			$ 0.00			$ 0.431250
01/01/22			01/18/22			$ 0.431250			$ 0.431250			$ 0.00			$ 0.00			$ 0.431250
						$ 1.725000			$ 1.725000			$ 0.00			$ 0.00			$ 1.725000

Tax Disclaimer

The information above should not be construed as tax advice and is not a substitute for careful tax planning and analysis. Shareholders should consult their tax advisors regarding the specific federal, state, local, foreign, and other tax consequences to them regarding their ownership of shares of the Company’s common and preferred stock.

About Dynex Capital

Dynex Capital, Inc. is a financial services company committed to ethical stewardship of stakeholders' capital; employing comprehensive risk management and disciplined capital allocation to generate dividend income and long-term total returns through the diversified financing of real estate assets in the United States. Dynex operates as a REIT and is internally managed to maximize stakeholder alignment. Additional information about Dynex Capital, Inc. is available at www.dynexcapital.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230131006097/en/

Alison Griffin

(804) 217-5897

Source: Dynex Capital, Inc.

FAQ

What is the dividend amount for Dynex Capital common stock in 2022?

The dividend amount for Dynex Capital common stock in 2022 is $0.13 per share.

When was the payment date for Dynex Capital's common stock dividend?

The payment date for Dynex Capital's common stock dividend was January 3, 2023.

What is the Series C Preferred Stock dividend amount for Dynex Capital in 2022?

The Series C Preferred Stock dividend amount for Dynex Capital in 2022 is $0.431250 per share.

What should shareholders do regarding tax reporting for Dynex Capital dividends?

Shareholders should consult their tax advisors regarding the specific tax implications of Dynex Capital's dividend distributions.

When was the record date for the common stock dividend of Dynex Capital?

The record date for the common stock dividend of Dynex Capital was December 23, 2022.