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

Rhea-AI Summary

Dynex Capital announced that its Board of Directors has declared a monthly cash dividend of $0.13 per common share for July 2024. This dividend will be payable on August 1, 2024, to all shareholders recorded by July 23, 2024.

Positive

• Declaration of a monthly cash dividend of $0.13 per common share.
• Dividend payment scheduled for August 1, 2024.
• Record date for shareholders is July 23, 2024.

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 July 2024. The dividend is payable on August 1, 2024, to shareholders of record on July 23, 2024.

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/20240712084066/en/

Alison Griffin

804-217-5897

Source: Dynex Capital, Inc.

FAQ

What is the dividend amount declared by Dynex Capital for July 2024?

Dynex Capital declared a dividend of $0.13 per common share for July 2024.

When will Dynex Capital pay the July 2024 dividend?

The July 2024 dividend will be paid on August 1, 2024.

Who is eligible to receive the July 2024 dividend from Dynex Capital?

Shareholders of record by July 23, 2024, are eligible to receive the July 2024 dividend.

What is the stock symbol for Dynex Capital?

The stock symbol for Dynex Capital is DX.