Dynex Capital, Inc. Declares Third Quarter 2017 Common Dividend of $0.18, Series A Preferred Dividend of $0.53125, & Series B...
September 12 2017 - 4:01PM
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 third quarter of 2017.
Common Stock Dividend
The Company’s Board of Directors has declared a quarterly
dividend of $0.18 per common share for the third quarter of 2017
payable on October 31, 2017 to shareholders of record on October 3,
2017.
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 October 16,
2017 to shareholders of record of the Series A and Series B
Preferred Stocks as of October 1, 2017.
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, CMBS, and CMBS IO. 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.
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Dynex Capital, Inc.Alison Griffin,
804-217-5897
Dynex Capital (NYSE:DX)
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