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 January 2021. This dividend will be payable on February 1, 2021 to shareholders recorded by January 25, 2021. The company operates as an internally managed real estate investment trust (REIT), investing in mortgage assets with a focus on Agency and non-Agency RMBS, CMBS, and CMBS IO. Investors can find further details on Dynex Capital's operations and financials on their official website.

Positive

• Declared a cash dividend of $0.13, demonstrating continued income for shareholders.

Negative

• None.

Dynex Capital, Inc. (NYSE: DX) announced today the Company’s Board of Directors declared a cash dividend of $0.13 per common share for January 2021. The dividend is payable on February 1, 2021 to shareholders of record on January 25, 2021.

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/20210113005908/en/

FAQ

What is the dividend amount for Dynex Capital (DX) in January 2021?

The dividend amount is $0.13 per common share.

When is the dividend payable for Dynex Capital (DX)?

The dividend is payable on February 1, 2021.

What is the record date for the dividend payment for Dynex Capital (DX)?

The record date is January 25, 2021.

How often does Dynex Capital (DX) pay dividends?

Dynex Capital typically pays dividends quarterly.

Is the dividend from Dynex Capital (DX) sustainable?

Further analysis of the company's financial health is required to determine the sustainability of the dividend.