Dynex Capital, Inc. Declares Cash Dividend for January 2020, Payable on February 3, 2020
January 13, 2020 at 04:01 pm EST
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Dynex Capital, Inc. announced that the company’s Board of Directors has declared a cash dividend of $0.15 per common share for January 2020. The dividend is payable on February 3, 2020 to shareholders of record on January 24, 2020.
Dynex Capital, Inc. is an internally managed mortgage real estate investment trust (REIT), which invests in mortgage-backed securities (MBS). The Companyâs objective is to provide attractive risk-adjusted returns to its shareholders over the long term that are reflective of a leveraged, high quality fixed income portfolio with a focus on capital preservation. The Company seeks to provide returns to its shareholders primarily through the payment of regular dividends and through capital appreciation of its investments. The Company primarily invested in Agency MBS, including residential MBS (Agency RMBS). Its investment portfolio also comprised of Agency commercial MBS (Agency CMBS) and Agency and non-Agency CMBS interest-only (CMBS IO) securities.