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 February 2023. This dividend is payable on March 1, 2023, to shareholders of record on February 21, 2023. As a financial services company, Dynex Capital focuses on ethical capital stewardship and risk management to deliver dividend income and long-term returns through diversified financing of real estate assets in the U.S.

Positive

• Dividend declaration of $0.13 per share signifies commitment to shareholder returns.
• Dividend payable on March 1, 2023 shows consistent cash flow to investors.

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 February 2023. The dividend is payable on March 1, 2023, to shareholders of record on February 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/20230210005361/en/

Alison Griffin

804-217-5897

Source: Dynex Capital, Inc.

FAQ

What is the dividend amount declared by Dynex Capital for February 2023?

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

When will the dividend be paid to Dynex Capital shareholders?

The dividend will be paid on March 1, 2023.

Who is eligible to receive the dividend from Dynex Capital?

Shareholders of record on February 21, 2023, are eligible to receive the dividend.

What does Dynex Capital focus on as a financial services company?

Dynex Capital focuses on ethical stewardship of capital and risk management while investing in real estate assets.