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 (NYSE: DX) has announced it will release its first quarter 2025 financial results before market open on Monday, April 21, 2025. The company will host a conference call and live audio webcast at 10:00 a.m. EDT on the same day to discuss the results.
Interested parties can access the webcast through the Investors page at www.dynexcapital.com, with an archive available approximately two hours after the live call. For telephone participation, attendees should dial (877) 407-6914 at least 10 minutes before the call.
Dynex Capital (NYSE: DX) has announced its Board of Directors' declaration of the quarterly dividend for its 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE: DXPRC). The company will distribute $0.43125 per share on April 15, 2025, to shareholders of record as of April 1, 2025.
The Series C Preferred Stock currently pays a cumulative cash dividend of 6.900% on the $25.00 liquidation preference per share annually until April 15, 2025. After this date, due to LIBOR cessation, the dividend rate will switch to 3-month term SOFR plus 5.723% (comprising a 0.26161% statutory tenor spread adjustment and the original 5.461% spread).
Dynex Capital (NYSE: DX) has announced a 13% increase in its monthly cash dividend, raising it from $0.15 to $0.17 per share for March 2025. The dividend will be payable on April 1, 2025, to shareholders of record as of March 24, 2025.
According to Co-CEO and President Smriti L. Popenoe, this dividend increase reflects the company's strong performance, financial strength, and commitment to delivering shareholder value. The decision is supported by a favorable investing environment and management's confidence in generating attractive returns.
Dynex Capital has announced that its Board of Directors declared a monthly cash dividend of $0.15 per share on its Common Stock (NYSE: DX) for February 2025. The dividend will be paid on March 3, 2025, to shareholders who are on record as of February 24, 2025.
Dynex Capital (DX) reported its Q4 and full-year 2024 results, achieving a total economic return of 1.0% for Q4 and 7.4% for the full year. The company posted a book value per share of $12.70 as of December 31, 2024, with comprehensive income of $0.15 per share and net income of $0.61 per share for Q4.
Key financial highlights include $64.4 million raised through ATM stock issuances in Q4, bringing the total capital raised in 2024 to $332.0 million. The company declared dividends of $0.43 per share for Q4 and $1.60 for the full year. Total shareholder return reached 13.7% in 2024 and 27.4% over two years.
The company increased its monthly dividend from $0.13 to $0.15 per share starting November 2024, supported by expected recognition of deferred tax hedge gains of $99.9 million. Interest income continued to rise due to higher coupon investments, while recent Federal Reserve rate cuts benefited comprehensive income by lowering repurchase agreement borrowing costs.
Dynex Capital (NYSE: DX) has announced it will release its fourth quarter and full year 2024 financial results before market open on Monday, January 27, 2025. The company will host a conference call and live audio webcast at 10:00 a.m. ET on the same day to discuss the results.
Investors can access the live audio webcast through the company's website at www.dynexcapital.com under 'Current Events.' An archived version will be available approximately two hours after the live call. For telephone access, participants should dial (888) 330-2022 (North America) or (646) 960-0690 (International) at least 10 minutes before the call, using conference ID 1957092.
Dynex Capital (NYSE: DX) has announced that its Board of Directors has declared a monthly cash dividend of $0.15 per common share for January 2025. The dividend will be paid on February 3, 2025, to shareholders who are on record as of January 23, 2025.
Dynex Capital, Inc. has declared a cash dividend of $0.15 per share on its Common Stock (NYSE: DX) for December 2024. The dividend is payable on January 7, 2025, to shareholders of record as of January 2, 2025.
Additionally, Dynex announced a quarterly cash dividend of $0.43125 per share for its 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE: DXPRC) for the fourth quarter of 2024. This dividend is payable on January 15, 2025, to shareholders of record as of January 1, 2025.
Dynex Capital has announced a cash dividend of $0.15 per share on its Common Stock (NYSE: DX) for November 2024. The dividend will be payable on December 2, 2024, to shareholders of record as of November 22, 2024. This declaration was made by the Company's Board of Directors, demonstrating their commitment to returning value to shareholders.
Dynex Capital reported its Q3 2024 financial results, highlighting a total economic return of $0.89 per common share, or 7.1% of beginning book value. Key points include:
- Book value per common share of $13.00 as of September 30, 2024
- Comprehensive income of $0.93 per common share
- Net income of $0.38 per common share
- Dividends declared of $0.39 per common share for Q3
- Purchased $1.1 billion of Agency RMBS
- Liquidity of $708.7 million as of September 30, 2024
- Leverage including TBA securities at 7.6 times shareholders' equity
The Board of Directors announced an increase in the monthly dividend to $0.15 per common share. Management expressed confidence in the company's positioning to deliver solid returns through portfolio management, capital structure optimization, equity raising, and accretive investments.