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Dynex Capital Announces Cash Dividend for Common Stock and Preferred Stock

Strategic Insights

— 2 min read

Dynex Capital, Inc., a financial services company, has announced the declaration of a cash dividend for its Common Stock and Preferred Stock. The Board of Directors has approved a dividend of $0.17 per share on its Common Stock, which is payable on July 1, 2025, to shareholders of record as of June 23, 2025. Additionally, the Company's Board has declared the quarterly cash dividend of $0.62395 per share of its 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the second quarter of 2025. This dividend is payable on July 15, 2025, to shareholders of record as of July 1, 2025.

The Preferred dividend accrues at a floating rate equal to Three-Month CME Term SOFR plus 0.26161% plus 5.461%, resulting in a dividend rate of 9.98315% per annum for the dividend period ending July 14, 2025. Dynex Capital operates as a Real Estate Investment Trust (REIT) and is internally managed to maximize stakeholder alignment.

Key Takeaways:

  • Dynex Capital declared a cash dividend of $0.17 per share on its Common Stock for June 2025, payable on July 1, 2025, to shareholders of record as of June 23, 2025.
  • The Company's Board also declared the quarterly cash dividend of $0.62395 per share of its 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the second quarter of 2025, payable on July 15, 2025, to shareholders of record as of July 1, 2025.
  • The Preferred dividend accrues at a floating rate equal to Three-Month CME Term SOFR plus 0.26161% plus 5.461%, resulting in a dividend rate of 9.98315% per annum for the dividend period ending July 14, 2025.
  • Dynex Capital is a REIT that operates with a focus on ethical stewardship, comprehensive risk management, and disciplined capital allocation to generate dividend income and long-term total returns through diversified financing of real estate assets in the United States.
  • The Company is committed to maximizing stakeholder alignment, operating as an internally managed REIT, and providing additional information about Dynex Capital at www.dynexcapital.com.

Statistics:

  • Dividend of $0.17 per share on Common Stock payable on July 1, 2025, to shareholders of record as of June 23, 2025.
  • Quarterly cash dividend of $0.62395 per share of 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock payable on July 15, 2025, to shareholders of record as of July 1, 2025.
  • Dividend rate for the dividend period ending July 14, 2025, is 9.98315% per annum.
  • Three-Month CME Term SOFR plus 0.26161% plus 5.461% is the floating rate for the Preferred dividend.
  • Dividend income and long-term total returns through diversified financing of real estate assets in the United States is the focus of Dynex Capital's operations.

Sources:

  • Businesswire.com: https://www.businesswire.com/news/home/20250611387554/en/

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