Dynex Capital, Inc. (DX)

Minimal Credit Risk: Agency MBS are guaranteed by GSEs. Historically, MBS prices rise during economic downturns, leading to higher book values and sustainable payouts for mREITs. Despite a recent rally, Agency MBS spreads remain attractive compared to the 40-year historical average.

CenterBook Partners LP trimmed its holdings in Dynex Capital, Inc. (NYSE: DX) by 75.7% in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 65,228 shares of the real estate investment trust's stock after selling 203,343 shares during the period. CenterBook Partners LP's

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX), a REIT with a long track record of generating dividends from high-quality mortgage assets, announced today the Company's Board of Directors declared a cash dividend of $0.17 per common share on its Common Stock for February 2026. The dividend is payable on March 2, 2026, to shareholders of record on February 23, 2026. About Dynex Capital Dynex Capital, Inc. (NYSE: DX) is a leading internally managed REIT with a long track record.

Dynex Capital (NYSE:DX) operates as an internally managed mortgage REIT specializing in Agency RMBS and CMBS.

Ann Berry is joined by Dynex Capital Co-CEO Smriti Popenoe, who explains how mortgage REITs operate and how Dynex invests in agency mortgage-backed securities. Popenoe walks through the mechanics of leverage, interest-rate sensitivity and how those factors affect returns and dividends.

Dynex Capital and AGNC Investment posted substantial 2025 book value gains from agency MBS spread tightening. Current low earnings multiples for DX and AGNC are misleading, as recent results are driven by one-time unrealized gains. Common dividends for both mREITs are unsustainably supported by unrealized gains; long-term cuts are likely as recurring earnings lag payouts.

Multiple mortgage REITs fell by over 10% on the day. The stock driving the bus of bad dropped 33% on Friday and is continuing lower today. Preferred shares and baby bonds have consistently outperformed on a risk-adjusted basis, prompting a portfolio shift towards these instruments for better yield and stability.

Dynex Capital delivered a 28.6% total return since September, outperforming expectations but not altering my overall cautious stance. DX's Q4 saw improved net interest income, lower financing costs, and significant unrealized gains, driving a recovery in book value per share. Despite positive momentum, DX continues to pay out more in dividends than it generates in distributable earnings, raising sustainability concerns.

Dynex Capital (DX) Preferred C (DX.PR.C) offers a compelling 9.14% stripped yield but currently trades above an attractive entry point. DX.PR.C's floating rate and high spread are unmatched among similarly low-risk mREIT preferreds, but significant call risk limits upside. Call risk is material: a call could result in immediate downside exceeding $0.60 per share at current prices.

Dynex Capital (DX) reported fourth-quarter earnings available for distribution that came in below consensus expectations, reflecting pressure from higher operat

Dynex Capital, Inc. (DX) Q4 2025 Earnings Call Transcript

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (the "Company") (NYSE: DX), a REIT with a long track record of generating dividends from high-quality mortgage assets, reported its fourth quarter and full year 2025 financial results today. Management will host a call today at 10:00 a.m. Eastern Time to discuss the results and business outlook. Details to access the call can be found below under "Earnings Conference Call." Financial Performance Summary and Other Highlights Total economic re.

The Dividend Power strategy highlights 35 high-yield, low-valuation stocks, with 6 identified as 'safer' due to strong free cash flow coverage. The top ten DiviPower stocks are projected to deliver an average net gain of 40.62% by January 2027, with risk/volatility 14% below the market. Seventeen of thirty-five Dividend Power Dogs show negative free cash flow margins, signaling unsustainable dividends and elevated risk.

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) announced today that it will release its financial results for the fourth quarter and full year 2025 before market open and will host a conference call and live audio webcast to discuss its financial results at 10:00 a.m. ET on Monday, January 26, 2026. Webcast Details The live audio webcast will be accessible online at www.dynexcapital.com on the Investors page. An archive of the webcast will be available on the Company website a.

MoneyShow presents top investment ideas for 2026 from their contributors. This year's edition presents a mix of metals plays, financial stocks, deep value names, high-octane growth and tech stocks, and beaten-down REITs that offer solid income and turnaround potential. Part 3 of this series includes Ceragon Networks, Celldex Therapeutics, Constellation Energy, Coppernico Metals, Costco, and Dynex Capital, among others.

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) announced today the Company's Board of Directors declared a cash dividend of $0.17 per common share on its Common Stock for January 2026. The dividend is payable on February 2, 2026, to shareholders of record on January 21, 2026. About Dynex Capital Dynex Capital operates at the intersection of capital markets and the U.S. housing finance system, using our expertise to transform residential real estate into compelling long-term yi.