Dynex Capital, Inc. Declares First Quarter 2016 Common Dividend of $0.21, Series A Preferred Dividend of $0.53125, and Series B Preferred Dividend of $0.4765625
GLEN ALLEN, Va.--(BUSINESS WIRE)-- Dynex Capital, Inc. (NYSE: DX) announced today that the Company’s Board of Directors has declared dividends on shares of its common and preferred stock for the first quarter of 2016.
Common Stock Dividend
The Company’s Board of Directors has declared a quarterly dividend of $0.21 per common share for the first quarter of 2016 payable on April 29, 2016 to shareholders of record on April 1, 2016. There is no dividend reinvestment discount for first quarter dividends reinvested through the Company's Dividend Reinvestment and Share Purchase Plan.
Preferred Stock Dividends
The Company also announced that it will pay the regular quarterly dividend of $0.53125 per share on its 8.50% Series A Cumulative Redeemable Preferred Stock (NYSE: DXPRA) and $0.4765625 per share on its 7.625% Series B Cumulative Redeemable Preferred Stock (NYSE: DXPRB). Both dividends will be paid on April 15, 2016 to shareholders of record of the Series A and Series B Preferred Stocks as of April 1, 2016.
Dynex Capital, Inc. is an internally managed real estate investment trust, or REIT, which invests in mortgage assets on a leveraged basis. The Company invests in Agency and non-Agency RMBS and CMBS. Additional information about Dynex Capital, Inc. is available at www.dynexcapital.com.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding the business of Dynex Capital, Inc. that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of these risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in the Company’s Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160318005944/en/
Dynex Capital, Inc.
Alison Griffin, 804-217-5897
Source: Dynex Capital, Inc.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Fisker (FSR) files form 10-K, sees more job cuts, reiterates going concern doubts
- Greenlane Holdings Inc. (GNLN) Receives Nasdaq Non-compliance Notice
- CSS Entertainment (CSSE) Receives Nasdaq Delinquency Letter
Create E-mail Alert Related Categories
Press ReleasesRelated Entities
DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!