Dynex Capital, Inc. Declares First Quarter 2025 Series C Preferred Stock Dividend
Dynex Capital (NYSE: DX) has announced its Board of Directors' declaration of the quarterly dividend for its 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE: DXPRC). The company will distribute $0.43125 per share on April 15, 2025, to shareholders of record as of April 1, 2025.
The Series C Preferred Stock currently pays a cumulative cash dividend of 6.900% on the $25.00 liquidation preference per share annually until April 15, 2025. After this date, due to LIBOR cessation, the dividend rate will switch to 3-month term SOFR plus 5.723% (comprising a 0.26161% statutory tenor spread adjustment and the original 5.461% spread).
Dynex Capital (NYSE: DX) ha annunciato la dichiarazione del Consiglio di Amministrazione riguardante il dividendo trimestrale per le sue azioni privilegiate cumulative rimborsabili di tipo Fixed-to-Floating Rate della Serie C (NYSE: DXPRC) con un tasso del 6.900%. L'azienda distribuirà $0.43125 per azione il 15 aprile 2025, agli azionisti registrati al 1 aprile 2025.
Le azioni privilegiate della Serie C attualmente pagano un dividendo in contante cumulativo del 6.900% sulla preferenza di liquidazione di $25.00 per azione annualmente fino al 15 aprile 2025. Dopo questa data, a causa della cessazione del LIBOR, il tasso di dividendo passerà a SOFR a 3 mesi più 5.723% (che comprende un aggiustamento per spread di durata statutaria dello 0.26161% e lo spread originale del 5.461%).
Dynex Capital (NYSE: DX) ha anunciado la declaración de su Junta Directiva sobre el dividendo trimestral para sus acciones preferentes acumulativas reembolsables de la Serie C con un tipo de interés fijo a variable del 6.900% (NYSE: DXPRC). La compañía distribuirá $0.43125 por acción el 15 de abril de 2025, a los accionistas registrados hasta el 1 de abril de 2025.
Las acciones preferentes de la Serie C actualmente pagan un dividendo en efectivo acumulativo del 6.900% sobre la preferencia de liquidación de $25.00 por acción anualmente hasta el 15 de abril de 2025. Después de esta fecha, debido a la cesación de LIBOR, la tasa de dividendo cambiará a SOFR a 3 meses más 5.723% (que incluye un ajuste de spread de duración estatutaria del 0.26161% y el spread original del 5.461%).
다이넥스 캐피탈 (NYSE: DX)는 이사회의 고시를 통해 6.900% 고정-변동 비율 누적 상환 우선주(Series C, NYSE: DXPRC)에 대한 분기 배당금을 발표했습니다. 회사는 2025년 4월 15일에 주당 $0.43125를 2025년 4월 1일 기준의 주주에게 분배할 예정입니다.
현재 C 시리즈 우선주는 2025년 4월 15일까지 주당 $25.00의 청산 우선권에 대해 연간 6.900%의 누적 현금 배당금을 지급합니다. 이 날짜 이후, LIBOR 종료로 인해 배당률은 3개월 SOFR 플러스 5.723%로 전환됩니다 (여기에는 0.26161%의 법정 기간 스프레드 조정과 원래의 5.461% 스프레드가 포함됩니다).
Dynex Capital (NYSE: DX) a annoncé la déclaration de son Conseil d'Administration concernant le dividende trimestriel pour ses actions privilégiées cumulatives remboursables de la Série C à taux fixe et variable de 6.900% (NYSE: DXPRC). La société distribuera $0.43125 par action le 15 avril 2025, aux actionnaires enregistrés au 1er avril 2025.
Les actions privilégiées de la Série C versent actuellement un dividende en espèces cumulatif de 6.900% sur la préférence de liquidation de $25.00 par action annuellement jusqu'au 15 avril 2025. Après cette date, en raison de l'arrêt de LIBOR, le taux de dividende passera à SOFR à 3 mois plus 5.723% (comprenant un ajustement de spread de durée statutaire de 0.26161% et le spread original de 5.461%).
Dynex Capital (NYSE: DX) hat die Erklärung seines Vorstands zur vierteljährlichen Dividende für seine 6,900% Series C kumulierten, rückzahlbaren Vorzugsaktien (NYSE: DXPRC) bekannt gegeben. Das Unternehmen wird am 15. April 2025 $0.43125 pro Aktie an die Aktionäre ausschütten, die am 1. April 2025 registriert sind.
Die Vorzugsaktien der Serie C zahlen derzeit eine kumulierte Bar-Dividende von 6,900% auf die Liquidationspräferenz von $25,00 pro Aktie jährlich bis zum 15. April 2025. Nach diesem Datum, aufgrund der Einstellung von LIBOR, wird der Dividendenzinssatz auf 3-Monats-SOFR plus 5,723% umgestellt (einschließlich eines gesetzlichen Laufzeitspread-Anpassungsfaktors von 0,26161% und dem ursprünglichen Spread von 5,461%).
- Consistent preferred dividend payment maintained at $0.43125 per share
- Clear transition plan from LIBOR to SOFR established for dividend calculations
- None.
The Series C Preferred Stock pays a cumulative cash dividend equivalent to
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
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.
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Alison Griffin
804-217-5897
Source: Dynex Capital, Inc.
FAQ
What is the Q1 2025 dividend amount for Dynex Capital's Series C Preferred Stock (DXPRC)?
How will DX's Series C Preferred Stock dividend rate change after April 15, 2025?
What is the liquidation preference for Dynex Capital's Series C Preferred Stock?
Why is Dynex Capital (DX) changing its preferred stock dividend calculation method?
