Dynex Capital, Inc. Declares Cash Dividend for January 2019, Payable on January 31, 2019
January 07, 2019 at 05:25 pm
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Dynex Capital, Inc. announced the Company’s Board of Directors has declared a cash dividend of $0.06 per common share for January 2019. The dividend is payable on January 31, 2019 to shareholders of record on January 18, 2019. The company previously announced that beginning in 2019, common stock dividends would be declared on a monthly basis. The January dividend for common shareholders is in addition to the 2018 fourth quarter dividend that will also be paid on January 31, 2019 to shareholders of record on December 31, 2018.
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.