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 April 2023. This dividend is payable on May 1, 2023, to shareholders on record as of April 21, 2023. The company focuses on generating dividend income through diversified financing of real estate assets in the United States. Dynex Capital operates as a Real Estate Investment Trust (REIT) and emphasizes ethical stewardship of stakeholder capital while employing comprehensive risk management practices.

Positive

• Dividend declared at $0.13 per share, demonstrating commitment to shareholder returns.
• Dividend payment scheduled for May 1, 2023, offering immediate returns for investors.

Negative

• None.

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 April 2023. The dividend is payable on May 1, 2023, to shareholders of record on April 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/20230411005940/en/

Alison Griffin

804-217-5897

Source: Dynex Capital, Inc.

FAQ

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

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

When will the dividend for Dynex Capital be paid?

The dividend is payable on May 1, 2023.

What is the record date for the dividend payment by Dynex Capital?

The record date for the dividend payment is April 21, 2023.

How does Dynex Capital ensure stakeholder alignment?

Dynex Capital operates as a REIT and is internally managed to maximize stakeholder alignment.