ADVERTISEMENT
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

 Dynex Capital, Inc. Declares Fourth Quarter 2021 Series C Preferred Stock Dividend

December 22, 2021 GMT

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dec 22, 2021--

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 2021. The Company will pay the regular quarterly dividend of $0.43125 per share on January 15, 2022, or the next business day to shareholders of record of the Series C Preferred Stock as of January 1, 2022.

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.

ADVERTISEMENT

“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/20211222005539/en/

CONTACT: Alison Griffin

804-217-5897

KEYWORD: UNITED STATES NORTH AMERICA VIRGINIA

INDUSTRY KEYWORD: COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY FINANCE CONSULTING BANKING REIT PROFESSIONAL SERVICES OTHER CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE OTHER PROFESSIONAL SERVICES

SOURCE: Dynex Capital, Inc.

Copyright Business Wire 2021.

PUB: 12/22/2021 04:01 PM/DISC: 12/22/2021 04:02 PM

http://www.businesswire.com/news/home/20211222005539/en