Dynex Capital, Inc. Announces 2017 Dividend Tax Information
January 31 2018 - 8:42AM
Business Wire
Dynex Capital, Inc. (NYSE: DX) today announced tax information
with respect to its 2017 Common Stock, Series A Preferred Stock and
Series B Preferred Stock dividends.
Dividend Tax Information
We are providing the information below to assist shareholders
with their tax reporting requirements relating to the dividend
distributions by Dynex Capital, Inc. (“Dynex” or the “Company”). As
detailed below, dividends paid by Dynex on its Common Stock were in
part ordinary taxable income and in part a return of capital. No
portion of the dividends paid in 2017 were capital gains. The
distributions of ordinary taxable income are not eligible for the
tax rate reductions enacted for qualified dividend income under the
Jobs and Growth Tax Relief Reconciliation Act of 2003 and are
accordingly being reported as non-qualifying dividends.
Shareholders should review the 2017 tax statements and/or Forms
1099 that they receive from their brokerage firms in order to
ensure that the dividend distribution information reported on such
statements conforms to the information set forth in this press
release.
The table below provides a summary of the tax information
relating to the quarterly dividend distributions of the Company for
the 2017 tax year:
Dynex Capital, Inc. Common Stock (CUSIP 26817Q506)
DividendRecordDate
PaymentDate
Dividendsper Share
Ordinary Income
CapitalGainDistribution
Return of Capital 12/29/2017 01/31/2018 $0.18 $0.0537977
$0.00 $0.1262023 10/03/2017 10/31/2017 $0.18 $0.0537977 $0.00
$0.1262023 07/06/2017 07/28/2017 $0.18 $0.0537977 $0.00 $0.1262023
04/05/2017 04/28/2017 $0.18 $0.0537977 $0.00
$0.1262023 $0.72 $0.2151908 $0.00 $0.5048092
Dynex Capital, Inc. Series A Preferred Stock (CUSIP
26817Q704)
DividendRecordDate
PaymentDate
Dividends perShare
OrdinaryIncome
Capital GainDistribution
Return ofCapital
10/01/2017 10/15/2017 $0.53125000 $0.5312500 $0.00 $0.00 07/01/2017
07/15/2017 $0.53125000 $0.5312500 $0.00 $0.00 04/01/2017 04/15/2017
$0.53125000 $0.5312500 $0.00 $0.00 01/01/2017 01/15/2017
$0.53125000 $0.5312500 $0.00 $0.00 $2.12500000
$2.1250000 $0.00 $0.00
Dynex Capital, Inc. Series B Preferred Stock (CUSIP
26817Q803)
DividendRecordDate
PaymentDate
Dividends perShare
OrdinaryIncome
Capital GainDistribution
Return ofCapital
10/01/2017 10/15/2017 $0.47656250 $0.47656250 $0.00 $0.00
07/01/2017 07/15/2017 $0.47656250 $0.47656250 $0.00 $0.00
04/01/2017 04/15/2017 $0.47656250 $0.47656250 $0.00 $0.00
01/01/2017 01/15/2017 $0.47656250 $0.47656250 $0.00
$0.00 $1.90625000 $1.90625000 $0.00
$0.00
Tax Disclaimer
The information above should not be construed as tax advice and
is not a substitute for careful tax planning and analysis.
Shareholders should consult their tax advisors regarding the
specific federal, state, local, foreign and other tax consequences
to them regarding their ownership of shares of the Company’s Common
and Preferred stock.
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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20180131005743/en/
Dynex Capital, Inc.Alison Griffin,
804-217-5897
Dynex Capital (NYSE:DX)
Historical Stock Chart
From Apr 2024 to May 2024
Dynex Capital (NYSE:DX)
Historical Stock Chart
From May 2023 to May 2024