Dynex Capital, Inc. Declares Common Stock Dividends

Rhea-AI Summary

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.

Positive

• Declared cash dividend of $0.13 per share for October 2024
• Consistent dividend payout indicates financial stability

Negative

• None.

GLEN ALLEN, Va.--(BUSINESS WIRE)-- Dynex Capital, Inc. announced today that the Company’s Board of Directors has declared a cash dividend of $0.13 per share on its Common Stock (NYSE: DX) for October 2024. The Common dividend is payable on November 1, 2024, to shareholders of record as of October 25, 2024.

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.

Forward Looking Statement

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding the business of Dynex Capital, Inc. that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of these risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in the Company’s Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241014796495/en/

Alison Griffin

804-217-5897

Source: Dynex Capital, Inc.

FAQ

What is the dividend amount for Dynex Capital (DX) in October 2024?

Dynex Capital (DX) has declared a cash dividend of $0.13 per share for October 2024.

When is the payment date for Dynex Capital's (DX) October 2024 dividend?

The payment date for Dynex Capital's (DX) October 2024 dividend is November 1, 2024.

What is the record date for Dynex Capital's (DX) October 2024 dividend?

The record date for Dynex Capital's (DX) October 2024 dividend is October 25, 2024.

How often does Dynex Capital (DX) pay dividends?

Based on the information provided in the press release, we cannot determine the frequency of Dynex Capital's dividend payments. The announcement only covers the October 2024 dividend.