Dynex Capital, Inc. (NYSE:DX) Announces $0.13 Monthly Dividend

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.

Dynex Capital (NYSE:DX) last posted its earnings results on Wednesday, July 28th. The real estate investment trust reported $0.51 EPS for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.04. Dynex Capital had a net margin of 242.43% and a return on equity of 12.44%. On average, research analysts expect that Dynex Capital will post 1.9 EPS for the current fiscal year.

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.

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Dividend History for Dynex Capital (NYSE:DX)

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