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Dynex Capital, Inc. - DX STOCK NEWS

Welcome to our dedicated page for Dynex Capital news (Ticker: DX), a resource for investors and traders seeking the latest updates and insights on Dynex Capital stock.

Dynex Capital, Inc. (NYSE: DX) is an internally managed mortgage real estate investment trust (REIT) that was formed in 1988. Specializing in the oversight of a diversified and high-quality leveraged fixed-income portfolio, the company's primary aim is to offer shareholders attractive, risk-adjusted returns over the long term.

Dynex Capital's investment strategy revolves around mortgage-backed securities (MBS), which include both residential MBS and commercial MBS. By focusing on these areas, the company seeks to balance income generation with capital preservation. The firm's portfolio primarily comprises Agency mortgage-backed securities, which are backed by government-sponsored entities, thus providing a level of security and stability to their investments.

One of the key advantages of Dynex Capital is its internal management structure, which ensures that the interests of the management team are aligned with those of the shareholders. This alignment is critical in making strategic investment decisions that aim to maximize shareholder value while mitigating risks. The company's experienced management team utilizes a disciplined investment approach, leveraging their deep understanding of the fixed-income market to navigate various economic cycles effectively.

In recent years, Dynex Capital has achieved notable milestones. These include maintaining a robust portfolio despite market volatility and consistently paying dividends to its shareholders. The company continues to monitor and adjust its investment strategies in response to fluctuating market conditions, ensuring a resilient and adaptive portfolio. Furthermore, Dynex Capital is actively exploring new investment opportunities and partnerships to enhance its portfolio and deliver sustained shareholder value.

Investors looking to stay updated on Dynex Capital's performance, events, and developments will find the latest news and updates on their official website and credible financial news sources. Regular updates include financial reports, market analysis, and strategic announcements, keeping stakeholders informed about the company's progress and future plans.

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Dynex Capital, Inc. appoints Andrew Gray and Alexander Crawford as independent directors, refreshing the Board. The Board also sees the resignation of Michael Hughes and Robert Salcetti. Gray and Crawford bring extensive financial services experience, enhancing the Board's skills and expertise.
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Dynex Capital, Inc. (DX) declares a cash dividend of $0.13 per common share for March 2024, payable on April 1, 2024. Shareholders of record on March 22, 2024, will receive the dividend.
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Dynex Capital, Inc. (DX) declares a cash dividend of $0.13 per common share for February 2024.
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Dynex Capital, Inc. (NYSE: DX) has announced the tax treatment of common stock and preferred stock dividends declared in 2023. Common stockholders received $0.13 per share, with $0.0617600 as ordinary income and $0.0682400 as non-dividend distributions. Preferred stockholders received $0.431250 per share, all of which was considered ordinary income. Shareholders are advised to consult their tax advisors for specific tax consequences.
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Dynex Capital, Inc. (DX) reported a total economic return of $1.45 per common share for the fourth quarter of 2023, with a book value per common share of $13.31 as of December 31, 2023. The company raised equity capital of $5.9 million during the fourth quarter through common stock issuances, and the average balance of interest-earning assets for 2023 increased by 50% compared to the prior year. However, the net income for the full year 2023 was a loss of $(0.25) per common share.
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Dynex Capital, Inc. (DX) will release its financial results for Q4 and full year 2023 on January 29, 2024, followed by a conference call and webcast. The live audio webcast will be accessible on the company's website, with an archive available after the call. Those wishing to listen via telephone should dial in at least 10 minutes before the call begins.
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Dynex Capital, Inc. (NYSE: DX) announced the passing of David H. Stevens, a member of its Board of Directors. Mr. Stevens had a significant impact on the real estate and mortgage banking industries, leveraging his extensive experience to shape and advance Dynex Capital's strategy. His passing is a loss to the company and the industry as a whole.
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Dynex Capital, Inc. (NYSE: DX) declares a cash dividend of $0.13 per common share for January 2024, payable on February 1, 2024, to shareholders of record on January 23, 2024.
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Dynex Capital, Inc. (DX) declares a cash dividend of $0.13 per share on its Common Stock and a quarterly cash dividend of $0.43125 per share of its 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the fourth quarter of 2023. The Common dividend is payable on January 2, 2024, and the Preferred dividend is payable on January 16, 2024.
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Dynex Capital, Inc. (NYSE: DX) announced the appointment of CEO Byron L. Boston as Chairman of the Board and current Board member Dr. Julia L. Coronado as Lead Independent Director. President and CIO Smriti L. Popenoe and CFO Robert S. Colligan will continue to work closely with the new leadership. Mr. Boston's strategic vision and leadership have enabled Dynex to maintain its disciplined investment strategy and provide shareholders with strong, reliable returns.
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FAQ

What is the current stock price of Dynex Capital (DX)?

The current stock price of Dynex Capital (DX) is $12.41 as of November 20, 2024.

What is the market cap of Dynex Capital (DX)?

The market cap of Dynex Capital (DX) is approximately 979.1M.

What is Dynex Capital, Inc.?

Dynex Capital, Inc. (NYSE: DX) is an internally managed mortgage real estate investment trust (REIT) focused on providing attractive risk-adjusted returns through a diversified fixed-income portfolio.

When was Dynex Capital founded?

Dynex Capital was founded in 1988.

What types of securities does Dynex Capital invest in?

Dynex Capital invests in residential and commercial mortgage-backed securities, primarily Agency MBS.

What is the primary goal of Dynex Capital?

The primary goal of Dynex Capital is to provide shareholders with attractive, risk-adjusted returns over the long term.

How is Dynex Capital managed?

Dynex Capital is internally managed, meaning its management team is directly employed by the company and aligns its strategy with shareholder interests.

How does Dynex Capital ensure capital preservation?

Dynex Capital ensures capital preservation by focusing on high-quality, leveraged fixed-income securities, particularly Agency MBS, which are backed by government-sponsored entities.

What are Agency mortgage-backed securities?

Agency mortgage-backed securities are MBS that are backed by government-sponsored entities, providing a level of security and stability to the investments.

What recent achievements has Dynex Capital made?

Recent achievements of Dynex Capital include maintaining a robust portfolio during market volatility and consistently paying dividends to shareholders.

Where can I find the latest news about Dynex Capital?

The latest news about Dynex Capital can be found on their official website and credible financial news sources.

What is the investment strategy of Dynex Capital?

The investment strategy of Dynex Capital revolves around a disciplined approach to managing a diversified portfolio of mortgage-backed securities, with a focus on risk-adjusted returns and capital preservation.

Dynex Capital, Inc.

NYSE:DX

DX Rankings

DX Stock Data

979.12M
113.64M
1%
34.77%
7.03%
REIT - Mortgage
Real Estate Investment Trusts
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United States of America
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