Dynex Capital (DX) Lowers Quarterly Dividend 12.5% to $0.21; 12.2% Yield

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Go back to Dynex Capital (DX) Lowers Quarterly Dividend 12.5% to $0.21; 12.2% Yield

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

March 18, 2016 4:01 PM EDT

GLEN ALLEN, Va.--(BUSINESS WIRE)-- Dynex Capital, Inc. (NYSE: DX) announced today that the Companys Board of Directors has declared dividends on shares of its common and preferred stock for the first quarter of 2016.

Common Stock Dividend

The Companys 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... More