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Dynex Capital, Inc. Declares Fourth Quarter 2022 Series C Preferred Stock Dividend

PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.
December 23, 2022 GMT

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dec 23, 2022--

Dynex Capital, Inc. (NYSE: DX) announced today that the Company’s Board of Directors has declared the dividend on shares of its 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE: DXPRC) for the fourth quarter of 2022. The Company will pay the regular quarterly dividend of $0.43125 per share on January 17, 2023, to shareholders of record of the Series C Preferred Stock as of January 1, 2023.

About Dynex Capital

Dynex Capital, Inc. is a financial services company committed to ethical stewardship of stakeholders’ capital; employing comprehensive risk management and disciplined capital allocation to generate dividend income and long-term total returns through the diversified financing of real estate assets in the United States. Dynex operates as a REIT and is internally managed to maximize stakeholder alignment. Additional information about Dynex Capital, Inc. is available at www.dynexcapital.com.

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Forward Looking Statement

“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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20221223005197/en/

CONTACT: Alison Griffin

804-217-5897

KEYWORD: UNITED STATES NORTH AMERICA VIRGINIA

INDUSTRY KEYWORD: CONSTRUCTION & PROPERTY PROFESSIONAL SERVICES REIT FINANCE

SOURCE: Dynex Capital, Inc.

Copyright Business Wire 2022.

PUB: 12/23/2022 04:25 PM/DISC: 12/23/2022 04:25 PM

http://www.businesswire.com/news/home/20221223005197/en