Dynex Capital, Inc. Increases Monthly Common Stock Dividend

Rhea-AI Summary

Dynex Capital (NYSE: DX) has announced a 13% increase in its monthly cash dividend, raising it from $0.15 to $0.17 per share for March 2025. The dividend will be payable on April 1, 2025, to shareholders of record as of March 24, 2025.

According to Co-CEO and President Smriti L. Popenoe, this dividend increase reflects the company's strong performance, financial strength, and commitment to delivering shareholder value. The decision is supported by a favorable investing environment and management's confidence in generating attractive returns.

Positive

• 13% increase in monthly dividend from $0.15 to $0.17 per share
• Strong financial performance indicated by dividend increase
• Management reports favorable investing environment

Negative

• None.

GLEN ALLEN, Va.--(BUSINESS WIRE)-- Dynex Capital, Inc. announced today the Company’s Board of Directors has declared a cash dividend of $0.17 per share on its Common Stock (NYSE: DX) for March 2025. The dividend is payable on April 1, 2025, to shareholders of record as of March 24, 2025.

“We are pleased to announce a 13% increase in our monthly dividend from $0.15 to $0.17 per share, reflecting our strong performance, financial strength, and commitment to delivering shareholder value. This increase is supported by the favorable investing environment and our confidence in the Company’s ability to generate attractive returns,” said Smriti L. Popenoe, Co-CEO and President.

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/20250220402729/en/

Alison Griffin

804-217-5897

Source: Dynex Capital, Inc.

FAQ

What is Dynex Capital's new monthly dividend amount for March 2025?

Dynex Capital's new monthly dividend is $0.17 per share for March 2025, representing a 13% increase from the previous $0.15 per share.

When is the DX dividend payable for March 2025?

The DX dividend is payable on April 1, 2025, to shareholders of record as of March 24, 2025.

How much did Dynex Capital (DX) increase its monthly dividend?

Dynex Capital increased its monthly dividend by 13%, from $0.15 to $0.17 per share.

What is the record date for Dynex Capital's March 2025 dividend?

The record date for Dynex Capital's March 2025 dividend is March 24, 2025.

Why did Dynex Capital (DX) increase its dividend in March 2025?

Dynex Capital increased its dividend due to strong performance, financial strength, favorable investing environment, and confidence in generating attractive returns.