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. (NYSE: DX) is an internally managed real estate investment trust (REIT) that focuses on financing real estate assets and participating in the U.S. housing finance system. The Dynex Capital news feed on Stock Titan brings together company announcements, financial updates, and other disclosures that reflect how the business manages its mortgage-backed securities portfolio and capital structure.
Investors following Dynex Capital’s news can see regular dividend declarations on its common stock and its Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock. These announcements specify cash dividend amounts, record dates, and payment dates, and they highlight the company’s emphasis on generating dividend income and long-term total returns through the financing of real estate assets.
The news stream also includes quarterly earnings releases, where Dynex Capital reports net interest income, economic net interest income, book value per common share, and total economic return or loss. These releases describe portfolio activity in Agency residential mortgage-backed securities (RMBS), Agency commercial mortgage-backed securities (CMBS), and related securities, along with leverage levels and liquidity.
In addition, Dynex Capital issues news about capital markets activity, such as at-the-market common stock issuances under its distribution agreement, and provides information about scheduled earnings conference calls and webcasts. Together, these updates give investors insight into how the company is raising and deploying capital, managing risk, and positioning its mortgage-backed securities portfolio.
Bookmark this page to review Dynex Capital’s dividend announcements, earnings results, corrections to previously announced dividends, and other company communications that shape the DX stock narrative over time.
Dynex Capital, Inc. (NYSE: DX) has declared its first quarter 2021 dividend for the 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE: DXPRC). Shareholders of record as of April 1, 2021, will receive a regular quarterly dividend of $0.43125 per share, payable on April 15, 2021. As a real estate investment trust, Dynex Capital invests in mortgage assets through Agency and non-Agency RMBS, CMBS, and CMBS IO, aiming to leverage these investments for income generation.
Dynex Capital, Inc. (NYSE: DX) announced a cash dividend of $0.13 per common share for March 2021. This dividend is payable on April 1, 2021 to shareholders of record on March 22, 2021. As an internally managed real estate investment trust (REIT), Dynex Capital invests in mortgage assets, including Agency and non-Agency RMBS, CMBS, and CMBS IO, utilizing a leveraged strategy.
Dynex Capital, Inc. (NYSE: DX) has announced a public offering of 3,500,000 shares of common stock, expected to generate approximately $64.2 million before expenses. The underwriters have a 30-day option to purchase an additional 525,000 shares. Proceeds will be used for investments aligned with the company’s policy and general corporate purposes, including repayment of obligations and working capital. The offering, managed by J.P. Morgan and JMP Securities, is set to close on March 8, 2021.
Dynex Capital, Inc. (NYSE: DX) announced a public offering of 3,500,000 shares of common stock, with an option for underwriters to purchase an additional 525,000 shares. J.P. Morgan and JMP Securities are managing the offering, utilizing an existing shelf registration declared effective by the SEC. The proceeds will be used for acquiring investments and general corporate purposes, including repayment of obligations and working capital. The press release clarifies this does not constitute an offer to sell securities.
Dynex Capital, Inc. (NYSE: DX) declared a cash dividend of $0.13 per common share for February 2021. This dividend is payable on March 1, 2021, to shareholders of record on February 22, 2021. As an internally managed REIT, Dynex invests in various mortgage assets, including Agency and non-Agency RMBS, CMBS, and CMBS IO. This dividend reflects the company's ongoing commitment to returning value to its shareholders.
Dynex Capital (NYSE: DX) has announced the tax treatment of its dividends declared in 2020. All dividends on common and preferred stocks were treated as capital gains, with no portion classified as ordinary income or return of capital. Key dividend payments include:
- Common Stock: Total of $1.66 per share across multiple payment dates.
- Series A Preferred Stock: $0.8795100 upon redemption.
- Series B Preferred Stock: $1.90625000, partly redeemed.
- Series C Preferred Stock: $1.12150000, first-quarter partial dividend.
Dynex Capital reported impressive financial results for Q4 and the full year of 2020, achieving a 15.2% total economic return and a 17.0% total shareholder return. The book value per common share increased to $19.08, up from $18.01 in 2019, while comprehensive income stood at $2.88 per common share. The company's net interest spread rose to 1.77% for 2020, reflecting solid income growth. However, the company also faced challenges, including a $172.3 million net loss on derivatives, affecting overall performance.
Dynex Capital, Inc. (NYSE: DX) has priced its public offering of 2,750,000 shares of common stock, expecting gross proceeds of approximately $49.1 million before expenses. Additionally, underwriters may purchase up to 412,500 shares within 30 days. The offering, set to close on February 2, 2021, aims to fund new investments and general corporate expenses, including debt repayment and working capital. The offering relies on an effective SEC registration statement and is managed by J.P. Morgan.
Dynex Capital, Inc. (NYSE: DX) announced a public offering of 2,750,000 shares of common stock, with a 30-day option for underwriters to purchase an additional 412,500 shares. J.P. Morgan is the sole book-running manager. The offering utilizes an existing shelf registration statement approved by the SEC. The proceeds will be used for acquiring investments, paying off maturing obligations, and general corporate purposes. This announcement does not constitute an offer to sell or solicitation to buy securities.
Dynex Capital, Inc. (NYSE: DX) will announce its financial results for Q4 and the full year ending December 31, 2020, on February 4, 2021, before market opening. A conference call and live audio webcast will follow at 10:00 am ET to discuss results and business outlook. Investors can access the live webcast at www.dynexcapital.com, with an archived version available post-call. Participants can register for the phone call via this link.