Welcome to our dedicated page for DXPRC news (Ticker: DXPRC), a resource for investors and traders seeking the latest updates and insights on DXPRC stock.
The DXPRC news page focuses on developments related to Dynex Capital, Inc.’s 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, as well as broader announcements from the issuer, Dynex Capital, Inc. DXPRC is a preferred equity security listed on the New York Stock Exchange, tied to a mortgage-focused real estate investment trust (REIT) that invests in mortgage assets on a leveraged basis.
News items for DXPRC frequently center on dividend declarations by Dynex Capital’s Board of Directors. These announcements typically specify the quarterly cash dividend per share for the Series C Preferred Stock, along with record dates and payment dates. In some cases, the company also issues releases that cover both its common stock (DX) dividend and the DXPRC preferred dividend in a single communication.
Company press releases also provide context about the structure of the DXPRC security. For example, Dynex Capital has detailed how the 6.900% fixed dividend rate, based on a $25.00 liquidation preference per share, transitions to a floating rate after a defined date, using 3‑month term SOFR plus a statutorily prescribed tenor spread adjustment and the original spread specified for the Series C Preferred Stock. Such updates explain how benchmark rate changes affect the preferred stock’s dividend calculation.
Because Dynex Capital operates as an internally managed REIT that invests in Agency and non-Agency RMBS, CMBS, and CMBS IO, its news releases often reiterate this business focus and its emphasis on ethical stewardship, comprehensive risk management, and disciplined capital allocation. Readers following DXPRC news can use these recurring disclosures to understand how the issuer describes its strategy for generating dividend income and long-term total returns that support both common and preferred equity distributions.
Investors and observers who monitor DXPRC-related news can review these updates to track the timing and terms of preferred dividends, as well as to see how Dynex Capital communicates changes to the Series C Preferred Stock’s rate structure and its ongoing mortgage REIT activities.
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, 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 (NYSE: DX) has announced dividend declarations for its Common and Preferred Stock. The Board of Directors declared a $0.13 per share cash dividend on Common Stock for September 2024, payable on October 1, 2024, to shareholders of record as of September 23, 2024. Additionally, a quarterly cash dividend of $0.43125 per share was declared on the 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE: DXPRC) for Q3 2024, payable on October 15, 2024, to shareholders of record as of October 1, 2024. These dividend declarations demonstrate Dynex Capital's commitment to providing regular returns to its shareholders.
Dynex Capital announced the declaration of a second-quarter 2024 dividend for its 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE: DXPRC). The Board of Directors has approved a regular quarterly dividend of $0.43125 per share. This dividend will be paid on July 15, 2024, to Series C Preferred Stock shareholders of record as of July 1, 2024.
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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 Q1 2023. The dividend will be paid on April 17, 2023, to shareholders of record as of April 1, 2023. Dynex Capital, a financial services company focused on ethical capital stewardship, emphasizes disciplined capital allocation to generate dividend income through diversified real estate financing in the U.S.
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.
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). This dividend will be paid on July 15, 2021, to shareholders on record as of July 1, 2021. As a real estate investment trust, Dynex Capital focuses on mortgage assets, including Agency and non-Agency RMBS and CMBS.
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.