Bullish indicating open at $55-$60, IPO prices at $37
GLEN ALLEN, Va. - Dynex Capital, Inc. (NYSE:DX) announced Monday that its Board of Directors has declared a cash dividend of $0.17 per share on its common stock for August 2025. The $1.6 billion market cap company currently offers an impressive 16.43% dividend yield, having maintained consistent dividend payments for 18 consecutive years, according to InvestingPro data.
The dividend will be payable on September 2, 2025, to shareholders of record as of August 22, 2025, according to a company press release.
Dynex Capital operates as a real estate investment trust (REIT) focused on financing residential real estate assets in the United States. The company is internally managed and generates dividend income through its investments in the housing finance sector.
The August dividend announcement continues the company’s regular cash distribution to shareholders as part of its REIT operations. REITs are required to distribute at least 90% of their taxable income to shareholders annually in the form of dividends. Based on InvestingPro’s Fair Value analysis, the stock currently appears overvalued, with 6 additional ProTips available for subscribers.
In other recent news, Dynex Capital Inc. reported disappointing second-quarter 2025 earnings, missing both earnings per share (EPS) and revenue forecasts. The company posted an EPS of -$0.14, significantly below the expected $0.33, resulting in a surprise of -142.42%. Revenue also fell short, coming in at $23.13 million compared to the forecasted $42.37 million, marking a 45.41% shortfall. Additionally, Dynex Capital announced an amendment to its existing stock distribution agreement, increasing the number of shares available for sale by 61,939,730, totaling 161,292,973 shares. Of these, 75,000,000 shares remain available for issuance and may be sold through sales agents as "at the market offerings." These developments come amid a period of strategic adjustments for the company.
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