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. reports recurring developments for an internally managed real estate investment trust that invests in mortgage assets backed by U.S. residential and commercial real estate. Company news commonly covers quarterly and annual results, book value, total economic return, portfolio gains and losses, leverage, liquidity, and capital deployment into mortgage-backed securities.
Dynex updates also include monthly common stock dividends, quarterly dividends on its Series C preferred stock, at-the-market common stock issuance activity, share repurchase authorizations, earnings call schedules, and governance or finance leadership changes. Its disclosures frequently frame performance around mortgage spreads, repurchase agreement financing, hedging, and risk management across interest rate, prepayment, spread, liquidity, and counterparty exposures.
Dynex Capital, Inc. (NYSE: DX) has declared a cash dividend of $0.13 per common share for January 2021. This dividend will be payable on February 1, 2021 to shareholders recorded by January 25, 2021. The company operates as an internally managed real estate investment trust (REIT), investing in mortgage assets with a focus on Agency and non-Agency RMBS, CMBS, and CMBS IO. Investors can find further details on Dynex Capital's operations and financials on their official website.
Dynex Capital, Inc. (NYSE: DX) has announced the promotion of Smriti L. Popenoe to President, effective immediately. Popenoe, with 27 years of experience in finance, has been with Dynex since 2014, previously serving as Executive Vice President and Co-Chief Investment Officer. CEO Byron L. Boston commended her leadership skills, highlighting her role in the company's growth. Popenoe's extensive background includes managing significant investment portfolios at various financial institutions. She will continue to oversee investment management while expanding her responsibilities as President.
Dynex Capital, Inc. (NYSE: DX) announced a cash dividend of $0.13 per common share for December 2020, payable on January 4, 2021, to shareholders recorded on December 21, 2020. Additionally, it declared preferred dividends of $0.4765625 per share on the 7.625% Series B and $0.43125 per share on the 6.900% Series C, payable on January 15, 2021, to shareholders of record as of January 1, 2021. Dynex Capital is a REIT focusing on mortgage assets, investing in Agency and non-Agency RMBS, CMBS, and CMBS IO.
Dynex Capital, Inc. (NYSE: DX) has declared a cash dividend of $0.13 per common share for November 2020. This dividend is payable on December 1, 2020 to shareholders of record on November 20, 2020. Dynex Capital is a real estate investment trust that invests in mortgage assets, including Agency and non-Agency RMBS, CMBS, and CMBS IO. For further details, visit www.dynexcapital.com.
Dynex Capital reported third quarter 2020 results with a total economic return of 11.7% and a core net operating income of $0.61 per common share. The book value per common share rose to $18.25, up from $16.69 in Q2 2020. A comprehensive income of $1.92 per common share was achieved, driven by favorable asset valuations and low funding rates. Management remains positive about the outlook, citing central bank support despite fiscal policy uncertainties. Notable business activities included selling $382.3 million in Agency CMBS with gains of $20.8 million.
Dynex Capital (NYSE: DX) announced the appointment of Julia Coronado and Joy Palmer to its Board of Directors, effective October 27, 2020. This decision follows the resignation of Valerie Mosley, reducing the board to six members, with five being independent. President Byron Boston highlighted Coronado's extensive experience in fiscal policy and Palmer's expertise in mortgage finance as valuable assets. These appointments reflect the company's commitment to board refreshment and align with its long-term strategic vision.
Dynex Capital, Inc. (NYSE: DX) has announced a cash dividend of $0.13 per common share for October 2020. This dividend is set to be paid on November 2, 2020 to shareholders on record as of October 23, 2020. As an internally managed real estate investment trust (REIT), Dynex Capital invests in mortgage assets, leveraging Agency and non-Agency RMBS, CMBS, and CMBS IO. For further details, visit www.dynexcapital.com.
Dynex Capital, Inc. (NYSE: DX) is set to release its third-quarter financial results on October 28, 2020, before market opening. A conference call will follow at 10:00 am ET to discuss these results and the company's outlook. Participants can access the live audio webcast on the company's website, and an archive will be available shortly after the call. Dynex is a real estate investment trust focused on mortgage assets, both Agency and non-Agency RMBS, as well as CMBS.