Dynex Capital, Inc. Declares First Quarter 2022 Series C Preferred Stock Dividend

Rhea-AI Summary

Dynex Capital, Inc. (NYSE: DX) has declared a quarterly dividend of $0.43125 per share on its 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE: DXPRC). This dividend will be paid on April 15, 2022, to shareholders of record as of April 1, 2022. Dynex Capital operates as a real estate investment trust focused on investing in mortgage assets, including Agency and non-Agency RMBS, CMBS, and CMBS IO.

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• Declared a quarterly dividend of $0.43125 per share, indicating ongoing income for shareholders.

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• None.

GLEN ALLEN, Va.--(BUSINESS WIRE)-- Dynex Capital, Inc. (NYSE: DX) announced today that the Company’s Board of Directors has declared the dividend on shares of its 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE: DXPRC) for the first quarter of 2022. The Company will pay the regular quarterly dividend of $0.43125 per share on April 15, 2022, to shareholders of record of the Series C Preferred Stock as of April 1, 2022.

Dynex Capital, Inc. is an internally managed real estate investment trust, or REIT, which invests in mortgage assets on a leveraged basis. The Company invests in Agency and non-Agency RMBS, CMBS, and CMBS IO. Additional information about Dynex Capital, Inc. is available at www.dynexcapital.com.

“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/20220329005682/en/

Alison Griffin

804-217-5897

Source: Dynex Capital, Inc.

FAQ

What is the dividend amount declared by Dynex Capital for Q1 2022?

Dynex Capital declared a dividend of $0.43125 per share for the first quarter of 2022.

When will Dynex Capital pay its dividend?

The dividend will be paid on April 15, 2022.

What is the record date for Dynex Capital's dividend?

The record date for the dividend is April 1, 2022.

What type of stock is eligible for the dividend from Dynex Capital?

The dividend applies to shares of the 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE: DXPRC).

Is Dynex Capital a REIT?

Yes, Dynex Capital, Inc. is an internally managed real estate investment trust (REIT).