Welcome to our dedicated page for Dynex Cap news (Ticker: DX), a resource for investors and traders seeking the latest updates and insights on Dynex Cap stock.
Dynex Capital Inc (DX) is a mortgage real estate investment trust specializing in residential and commercial mortgage-backed securities (MBS). This page serves as the definitive source for all company news, providing investors with timely updates on strategic developments affecting this internally managed REIT.
Track DX's latest earnings reports, portfolio adjustments, and risk management initiatives in one centralized location. Our curated news collection helps stakeholders monitor the company's performance in capital preservation strategies and MBS market navigation.
Find official announcements including dividend declarations, asset acquisitions, and leadership updates. All content is verified for accuracy, offering reliable insights into DX's fixed-income investment approach and operational decisions.
Bookmark this page for efficient access to critical updates about Dynex Capital's leveraged portfolio management and Agency MBS investments. Check regularly to stay informed about developments impacting this mortgage REIT's risk-adjusted return strategy.
Dynex Capital (NYSE: DX) announced the pricing of its public offering of 10.5 million shares of common stock, expecting gross proceeds of approximately $126 million. The offering has a 30-day option for underwriters to purchase an additional 1.575 million shares. The offering, managed by BTIG, is set to close on June 7, 2024, subject to customary conditions. Proceeds will be used for acquiring additional investments and general corporate purposes. The offering is made under the company's existing effective shelf registration with the SEC.
Dynex Capital announced an underwritten public offering of 10,500,000 shares of its common stock, with BTIG acting as the sole book-running manager. The company has also granted underwriters a 30-day option to purchase up to an additional 1,575,000 shares. The offering aims to raise funds for acquiring additional investments and general corporate purposes. The offering is subject to market conditions, and there is no guarantee it will be completed. The offering is being made under Dynex Capital's existing shelf registration statement that has been declared effective by the SEC. Potential investors can access the prospectus on the SEC website or contact BTIG for more information.
Dynex Capital has announced the appointment of Marie Chandoha to its Board of Directors, effective June 1, 2024.
Chandoha, former President and CEO of Charles Schwab Investment Management, brings nearly 40 years of asset management experience.
She will serve on the Audit and Nominating & Corporate Governance Committees.
Chandoha's background includes leadership roles at State Street , Macy's, BlackRock, and Wells Fargo Asset Management.
Her expertise is expected to aid Dynex in capitalizing on market opportunities, with the Board now comprising seven directors, five of whom are independent.
Dynex Capital, Inc. (NYSE: DX) has declared a monthly common stock dividend of $0.13 per share for May 2024. The dividend will be payable on June 3, 2024, to shareholders of record on May 23, 2024.
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