Dynex Capital, Inc. (NYSE:DX) declared a monthly dividend on Monday, September 13th, Fidelity reports. Shareholders of record on Wednesday, September 22nd will be paid a dividend of 0.13 per share by the real estate investment trust on Friday, October 1st. This represents a $1.56 dividend on an annualized basis and a yield of 8.88%. The ex-dividend date of this dividend is Tuesday, September 21st.
Dynex Capital has decreased its dividend by 23.2% over the last three years.
Shares of DX stock opened at $17.56 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.48 and a quick ratio of 1.48. The company has a market capitalization of $607.44 million, a P/E ratio of 2.93 and a beta of 1.24. The company’s 50-day simple moving average is $17.68 and its two-hundred day simple moving average is $18.75. Dynex Capital has a one year low of $14.52 and a one year high of $20.51.
An institutional investor recently raised its position in Dynex Capital stock. Morgan Stanley boosted its position in shares of Dynex Capital, Inc. (NYSE:DX) by 393.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 252,291 shares of the real estate investment trust’s stock after buying an additional 201,126 shares during the quarter. Morgan Stanley owned approximately 0.73% of Dynex Capital worth $4,709,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 46.72% of the company’s stock.
Dynex Capital Company Profile
Dynex Capital, Inc is an internally managed mortgage real estate investment trust, which invests in residential and commercial mortgage-backed securities on a leveraged basis. It primarily invests in Agency and non-Agency mortgage-backed securities (MBS) consisting of residential MBS (RMBS), commercial MBS (CMBS), and CMBS interest-only (IO) securities.
See Also: CBOE Russell 2000® Volatility Index
Receive News & Ratings for Dynex Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dynex Capital and related companies with MarketBeat.com's FREE daily email newsletter.