Dynex Capital, Inc. Declares Monthly Common Stock Dividend of $0.13

Rhea-AI Summary

Dynex Capital, Inc. (NYSE: DX) announced a cash dividend of $0.13 per common share for March 2022, which is payable on April 1, 2022, to shareholders of record on March 22, 2022. The company operates as an internally managed real estate investment trust (REIT), focusing on leveraged investments in mortgage assets including Agency and non-Agency RMBS, CMBS, and CMBS IO. For more information, visit www.dynexcapital.com.

Positive

• Dividend declared at $0.13 per share for March 2022.
• Dividend payment reflects company confidence in cash flow.

Negative

• None.

GLEN ALLEN, Va.--(BUSINESS WIRE)-- Dynex Capital, Inc. (NYSE: DX) announced today the Company’s Board of Directors declared a cash dividend of $0.13 per common share for March 2022. The dividend is payable on April 1, 2022 to shareholders of record on March 22, 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/20220311005285/en/

Alison Griffin

804-217-5897

Source: Dynex Capital, Inc.

FAQ

What is the dividend amount announced by Dynex Capital for March 2022?

Dynex Capital announced a dividend of $0.13 per common share for March 2022.

When will the dividend be paid to shareholders?

The dividend will be paid on April 1, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is March 22, 2022.

How often does Dynex Capital pay dividends?

Dynex Capital pays dividends quarterly.

Is the dividend sustainable for Dynex Capital?

The sustainability of the dividend will depend on the company's future financial performance.