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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 (NYSE: DX) has announced the tax treatment of dividends declared in 2022 for both common and preferred stockholders. Notably, the common stock dividend is set at $0.13 per share, recorded on December 23, 2022, and paid on January 3, 2023. The Series C Preferred Stock dividends were reported at $0.431250 per share. Shareholders are encouraged to consult their tax advisors regarding the implications of these distributions on their taxes. This information is crucial for proper tax reporting and compliance.

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Dynex Capital reported its fourth quarter and full year 2022 financial results, highlighting a book value per common share of $14.73 as of December 31, 2022. Dividends declared were $0.39 per share for Q4 and $1.56 for the year. The company experienced a total economic return of $0.89 per share in Q4, though the full year saw a loss of $(1.71) per share. Realized gains on interest rate hedges totaled $204.8 million for Q4. The company raised $92.4 million in equity capital in the fourth quarter. Despite challenges from rising costs, management remains optimistic about future performance.

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Dynex Capital, Inc. (NYSE: DX) announced a cash dividend of $0.13 per common share for January 2023, payable on February 1, 2023, to shareholders of record by January 23, 2023. The company is dedicated to ethical capital stewardship, employing risk management strategies to generate dividend income and long-term returns through diversified real estate financing in the United States. This dividend reflects Dynex's commitment to providing shareholder value.

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Dynex Capital, Inc. (NYSE: DX) will release its financial results for Q4 and full year 2022 on January 30 before market opening. The company will host a conference call at 10:00 am ET to discuss the results and future outlook. Investors can access the live audio webcast via dynexcapital.com. A recording of the webcast will be available about two hours post-call. As a REIT, Dynex focuses on ethical capital stewardship and disciplined risk management to deliver returns through real estate financing.

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Dynex Capital, Inc. (NYSE: DX) has declared a quarterly dividend of $0.43125 per share on its 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE: DXPRC) for Q4 2022. The dividend will be paid on January 17, 2023, to shareholders of record as of January 1, 2023. This announcement underscores the company's commitment to providing dividend income and maintaining stakeholder alignment through disciplined capital management in its real estate financing operations in the U.S.

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Dynex Capital, Inc. (NYSE: DX) has declared a cash dividend of $0.13 per common share for December 2022. The dividend will be paid on January 3, 2023, to shareholders on record as of December 23, 2022. This step reflects the company's commitment to generating income for its shareholders through disciplined capital allocation in the real estate sector.

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Dynex Capital, Inc. (NYSE: DX) has declared a cash dividend of $0.13 per common share for November 2022. This dividend is scheduled to be paid on December 1, 2022, to shareholders on record by November 21, 2022. As a financial services company, Dynex focuses on ethical capital stewardship and aims for long-term total returns through the diversified financing of real estate assets in the United States.

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Dynex Capital (NYSE: DX) announced its third quarter 2022 results, revealing a total economic loss of $(2.17) per common share, translating to a 12.9% decline in book value, now at $14.23. The company faced a comprehensive loss of $(2.20) per share and a net loss of $(1.07). Although net interest income dropped by approximately 50% and was affected by $2.7 million in severance expenses, significant gains of $149.6 million from interest rate hedges partially offset losses. The company maintains solid liquidity and aims to benefit from market stabilization.

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Dynex Capital, Inc. (NYSE: DX) announced a cash dividend of $0.13 per common share for October 2022, payable on November 1, 2022. As of September 30, 2022, the estimated book value is between $14.15 and $14.45 per share, a decline from $16.79 as of June 30, 2022, mainly due to market spread widening. The CEO emphasized the company’s strong liquidity and disciplined portfolio management. Further financial details will be shared during the earnings call on October 24, 2022.

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Dynex Capital, Inc. (NYSE: DX) will release its third-quarter financial results on October 24, 2022, before the market opens. The company will host a conference call and live audio webcast at 10:00 am ET to discuss its results and business outlook. Interested parties can access the webcast on the company’s website and are encouraged to dial in at least 10 minutes before the call at 1 (888) 330-2022 with passcode 1957092. Dynex operates as a REIT focused on ethical capital stewardship and diversified real estate financing in the United States.

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FAQ

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

The current stock price of Dynex Capital (DX) is $12.66 as of October 17, 2024.

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

The market cap of Dynex Capital (DX) is approximately 944.3M.

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

944.31M
74.71M
1.54%
52.95%
6.34%
REIT - Mortgage
Real Estate Investment Trusts
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United States of America
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