Dynex Capital (DX) Lowers Quarterly Dividend 14.3% to $0.18; 10.5% Yield

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Go back to Dynex Capital (DX) Lowers Quarterly Dividend 14.3% to $0.18; 10.5% Yield

Dynex Capital, Inc. Declares First Quarter 2017 Common Dividend of $0.18, Series A Preferred Dividend of $0.53125, and Series B Preferred Dividend of $0.4765625

March 22, 2017 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 2017.

Common Stock Dividend

The Companys Board of Directors has declared a quarterly dividend of $0.18 per common share for the first quarter of 2017 payable on April 28, 2017 to shareholders of record on April 5, 2017. There is no dividend reinvestment discount for first quarter dividends reinvested through the Company's Dividend Reinvestment and Share Purchase Plan.

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