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Dynex Capital, Inc. Declares Monthly Common Stock Dividend and Quarterly Preferred Stock Dividends

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Dynex Capital, Inc. (NYSE: DX) announced a cash dividend of $0.13 per common share for December 2020, payable on January 4, 2021, to shareholders recorded on December 21, 2020. Additionally, it declared preferred dividends of $0.4765625 per share on the 7.625% Series B and $0.43125 per share on the 6.900% Series C, payable on January 15, 2021, to shareholders of record as of January 1, 2021. Dynex Capital is a REIT focusing on mortgage assets, investing in Agency and non-Agency RMBS, CMBS, and CMBS IO.

Positive
  • Declared common dividend of $0.13, signaling confidence in cash flow.
  • Preferred dividends indicate stable income for shareholders.
Negative
  • None.

GLEN ALLEN, Va.--()--Dynex Capital, Inc. (NYSE: DX) announced today the Company’s Board of Directors declared a cash dividend of $0.13 per common share for December 2020. The dividend is payable on January 4, 2021 to shareholders of record on December 21, 2020.

The Company also announced the payments for its fourth quarter dividends of $0.4765625 per share on its 7.625% Series B Cumulative Redeemable Preferred Stock (NYSE: DXPRB) and $0.43125 per share on its 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE: DXPRC). Both preferred dividends will be paid on January 15, 2021 to shareholders of record of the Series B and Series C Preferred Stocks as of January 1, 2021.

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.

Contacts

Alison Griffin
804-217-5897

FAQ

What is the latest dividend announcement for Dynex Capital (DX)?

Dynex Capital declared a cash dividend of $0.13 per common share for December 2020.

When will Dynex Capital's common dividend be paid?

The common dividend will be paid on January 4, 2021.

What are the preferred dividends announced by Dynex Capital (DX)?

The preferred dividends are $0.4765625 per share on Series B and $0.43125 per share on Series C.

When will the preferred dividends for Dynex Capital be paid?

The preferred dividends will be paid on January 15, 2021.

Who is eligible for the Dynex Capital dividends?

Shareholders of record as of December 21, 2020, for common stock and January 1, 2021, for preferred stock are eligible.

Dynex Capital, Inc.

NYSE:DX

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989.71M
78.18M
1%
35.23%
6.63%
REIT - Mortgage
Real Estate Investment Trusts
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United States of America
GLEN ALLEN