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

Rhea-AI Summary

Dynex Capital, Inc. (NYSE: DX) declared a cash dividend of $0.13 per common share for October 2021. The dividend is scheduled for payment on November 1, 2021, to shareholders of record as of October 22, 2021. As an internally managed REIT, Dynex invests in mortgage assets utilizing leverage, including Agency and non-Agency RMBS, CMBS, and CMBS IO. For more details, visit www.dynexcapital.com.

Positive

• Declared a cash dividend of $0.13 per share, which reflects ongoing income for shareholders.
• Scheduled dividend payment demonstrates Dynex's commitment to returning value to its 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 October 2021. The dividend is payable on November 1, 2021 to shareholders of record on October 22, 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/20211012006058/en/

Alison Griffin

804-217-5897

Source: Dynex Capital, Inc.

FAQ

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

The dividend amount is $0.13 per common share.

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

The dividend is payable on November 1, 2021.

Who is eligible to receive the dividend from Dynex Capital (DX)?

Shareholders of record as of October 22, 2021, are eligible to receive the dividend.

How often does Dynex Capital (DX) pay dividends?

Dynex Capital typically pays dividends quarterly.

How does Dynex Capital (DX) ensure dividend sustainability?

Dynex's business model focuses on investing in mortgage assets, which supports its ability to generate income for dividend payments.