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

Rhea-AI Summary

Dynex Capital, Inc. (NYSE: DX) has declared a cash dividend of $0.13 per common share for March 2023. This dividend will be payable on April 3, 2023, to shareholders on record by March 21, 2023. As a financial services company, Dynex emphasizes ethical stewardship and risk management to generate income and long-term returns through diversified real estate financing in the United States. This dividend reflects the company’s commitment to providing shareholder value, aligning with their overall mission to maximize stakeholder alignment.

Positive

• Declared a cash dividend of $0.13 per share for March 2023.
• Dividend is a sign of confidence in the company’s financial stability.
• Payment scheduled for April 3, 2023, providing immediate income to shareholders.

Negative

• None.

GLEN ALLEN, Va.--(BUSINESS WIRE)-- Dynex Capital, Inc. (NYSE: DX) announced today that the Company’s Board of Directors declared a cash dividend of $0.13 per common share for March 2023. The dividend is payable on April 3, 2023, to shareholders of record on March 21, 2023.

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/20230313005488/en/

Alison Griffin

804-217-5897

Source: Dynex Capital, Inc.

FAQ

What is the dividend amount declared by Dynex Capital in March 2023?

Dynex Capital declared a cash dividend of $0.13 per common share for March 2023.

When is the dividend payment date for Dynex Capital?

The dividend is payable on April 3, 2023.

Who are the shareholders of record for the March 2023 dividend?

Shareholders of record on March 21, 2023, will receive the dividend.

What does the dividend declaration indicate about Dynex Capital's performance?

The dividend declaration indicates confidence in the company's financial stability and commitment to shareholder returns.