Dynex Capital, Inc. (NYSE:DX) declared a monthly dividend on Monday, September 13th, Fidelity reports. Stockholders of record on Wednesday, September 22nd will be given a dividend of 0.13 per share by the real estate investment trust on Friday, October 1st. This represents a $1.56 annualized dividend and a dividend yield of 8.88%. The ex-dividend date of this dividend is Tuesday, September 21st.
Dynex Capital has decreased its dividend by 23.2% over the last three years.
Dynex Capital stock opened at $17.56 on Wednesday. The stock has a market capitalization of $607.44 million, a PE ratio of 2.93 and a beta of 1.24. Dynex Capital has a twelve month low of $14.52 and a twelve month high of $20.51. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.01. The company has a 50 day moving average of $17.68 and a 200-day moving average of $18.75.
An institutional investor recently raised its position in Dynex Capital stock. Morgan Stanley boosted its position in shares of Dynex Capital, Inc. (NYSE:DX) by 393.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 252,291 shares of the real estate investment trust’s stock after acquiring an additional 201,126 shares during the quarter. Morgan Stanley owned 0.73% of Dynex Capital worth $4,709,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 46.72% of the company’s stock.
Dynex Capital Company Profile
Dynex Capital, Inc is an internally managed mortgage real estate investment trust, which invests in residential and commercial mortgage-backed securities on a leveraged basis. It primarily invests in Agency and non-Agency mortgage-backed securities (MBS) consisting of residential MBS (RMBS), commercial MBS (CMBS), and CMBS interest-only (IO) securities.
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