Dynex Capital (NYSE: DX) — Company Overview, News & Financial Data
Dynex Capital specializes in mortgage-backed securities, focusing on a diversified portfolio to provide stable returns for investors.
Dynex Capital
Dynex Capital (NYSE:DX) specializes in mortgage-backed securities and commercial mortgage loans. This company primarily invests in assets that are securitized by agencies or guaranteed by the U.S. government, aiming to provide stable and secure returns to its investors. Dynex Capital focuses on managing a diversified portfolio, including agency and non-agency mortgage-backed securities, to minimize risks and improve the potential for financial growth. The company's strategic objectives include optimizing its investment portfolio for long-term capital appreciation while ensuring a consistent dividend payout to shareholders. By leveraging its experienced management team and prudent investment strategies, Dynex Capital strives to achieve sustainable financial performance and shareholder value in the dynamic real estate finance market.
Snapshot
Operations
Products and/or services of Dynex Capital
- Mortgage-Backed Securities (MBS) investments, focusing on residential and commercial assets.
- Agency MBS investments, primarily in government-sponsored entity bonds.
- Non-Agency MBS investments, targeting higher yields with controlled risk.
- Securitized mortgage loans, offering financing solutions across various sectors.
- Capital management services, optimizing returns through strategic investment choices.
- Interest rate risk management, employing hedging strategies to protect against market volatility.
Dynex Capital executive team
- Byron L. BostonCo-CEO & Chairman of the Board
- Smriti Laxman PopenoeCo-CEO, President & Director
- Michael SartoriChief Financial Officer
- Meakin BennettChief Operating Officer
- Terrence J. Connelly Jr.Chief Investment Officer
- Jeffrey L. ChildressChief Accounting Officer
- Kaitlyn J. MauritzHead of Capital Markets & Investor Relations
- Michael AngeloChief Legal Counsel & Corporate Secretary
- Wayne E. BrockwellSenior VP & Portfolio Manager
- Robert M. Nilson Jr.Chief Risk Officer
Latest news about Dynex Capital
Dividend history
Dividends per share paid by Dynex Capital, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2026(to date) | — | — | — | $1.8700 |
| FY2025 | — | — | — | $1.9800 |
| FY2024 | — | — | — | $1.4500 |
| FY2023 | — | — | — | $1.5600 |
| FY2022 | — | — | — | $1.5600 |
Key financials
Reported results for Dynex Capital, in USD.
- Market cap
- 2.7B
- Revenue (TTM)
- 17M
- P/E ratio
- 37.8
- EPS (diluted, TTM)
- 0.3
- Dividend yield
- 19.1%
- Profit margin
- -293.5%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 533.5M | 738.2M | 319.1M | |
| 318M | 427.6M | 113.9M | |
| -40.2M | -73.1M | -6.1M | |
| -2.4M | 186.8M | 143.2M |