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 August 2023. The dividend will be paid on September 1, 2023, to shareholders of record on August 23, 2023.

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 August 2023. The dividend is payable on September 1, 2023, to shareholders of record on August 23, 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/20230811216705/en/

Alison Griffin 

804-217-5897

Source: Dynex Capital, Inc.

FAQ

What is the dividend declared by Dynex Capital, Inc. for August 2023?

Dynex Capital, Inc. has declared a cash dividend of $0.13 per common share for August 2023.

When will the dividend be paid?

The dividend will be paid on September 1, 2023.

Who is eligible to receive the dividend?

Shareholders of record on August 23, 2023, are eligible to receive the dividend.