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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 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 Q3 2022. This dividend will be paid on October 17, 2022, to shareholders on record as of October 1, 2022. The company aims to enhance stakeholder value through disciplined capital allocation and risk management, focusing on generating dividend income from diversified real estate financing in the U.S.

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Dynex Capital (NYSE: DX) announced a cash dividend of $0.13 per common share for September 2022. The dividend will be payable on October 3, 2022, to shareholders of record on September 23, 2022. This move reflects the company's commitment to providing dividend income. As a real estate investment trust (REIT), Dynex Capital aims to generate long-term returns through diversified financing of real estate assets in the United States.

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Dynex Capital, Inc. (NYSE: DX) announced a cash dividend of $0.13 per common share for August 2022. This dividend will be payable on September 1, 2022, to shareholders of record as of August 22, 2022. The company, committed to ethical stewardship and disciplined capital allocation, seeks to generate dividend income and long-term total returns through diversified financing of real estate assets across the United States.

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Dynex Capital, NYSE: DX, announced its second quarter 2022 results, reporting a comprehensive loss of $(0.85) per share and net income of $0.70 per share. The total economic return (TER) was $(1.06) per share, or (5.8)% of the beginning book value of $16.79. Earnings available for distribution (EAD) were $0.40 per share. Despite a widening of spreads, total shareholder equity rose 7% to $842.4 million, and leverage increased to 6.6x. Management emphasized a focus on capital preservation and identified opportunities in the mortgage market for the latter half of 2022.

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Dynex Capital (NYSE: DX) announced the resignation of long-term CFO Stephen J. Benedetti, effective August 5, 2022, after 28 years with the company. Robert S. Colligan, previously CFO at Chimera Investment Corporation, will assume the role. Benedetti will assist in the transition until August 31, 2022. CEO Byron L. Boston praised Benedetti's contributions and expressed confidence in Colligan's extensive experience, highlighting his suitability for Dynex's future amidst complex macroeconomic conditions.

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Dynex Capital announced a cash dividend of $0.13 per common share for July 2022, payable on August 1, 2022. Shareholders of record by July 22, 2022 will receive this dividend. As an internally managed REIT, Dynex Capital focuses on investing in mortgage assets using leverage, including Agency and non-Agency RMBS, CMBS, and CMBS IO. This dividend declaration reflects the company’s ongoing commitment to delivering income to its shareholders.

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Dynex Capital, Inc. (NYSE: DX) will release its second-quarter financial results on July 25, 2022, before market opening. A conference call and live audio webcast are scheduled for 10:00 am ET to discuss these results and the company's business outlook. The live webcast can be accessed at www.dynexcapital.com, with an archive available two hours post-call. Interested participants can listen via phone by dialing 1 (888) 330-2022 and using the passcode 1957092.

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Dynex Capital (NYSE: DX) has declared a regular quarterly dividend of $0.43125 per share on its 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE: DXPRC). The dividend is set for payment on July 15, 2022, for shareholders of record as of July 1, 2022. This reflects the company’s ongoing commitment to return income to its shareholders while maintaining its position in the real estate investment trust sector.

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Dynex Capital (NYSE: DX) declared a cash dividend of $0.13 per common share for June 2022. This dividend will be payable on July 1, 2022 to shareholders recorded as of June 24, 2022. As an internally managed REIT, Dynex Capital focuses on investing in both Agency and non-Agency RMBS, CMBS, and CMBS IO on a leveraged basis. This announcement highlights the company's continued commitment to returning value to its shareholders.

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Dynex Capital, Inc. (NYSE: DX) has announced a cash dividend of $0.13 per common share for May 2022. This dividend will be payable on June 1, 2022 to shareholders on record as of May 23, 2022. The company operates as an internally managed real estate investment trust (REIT), focusing on mortgage assets through investments in Agency and non-Agency RMBS, CMBS, and CMBS IO. Further information can be found on their website.

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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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