Dynex Capital, Inc.

Symbol: DX
CIK: 826675
Exchange: NYSE
Founded: 1987 (32 years)
HQ: Glen Allen, VA, United States
Type of REIT: Mortgage REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Mortgage
Internally Managed REIT

See DX on Google Finance
See DX on Yahoo Finance
See DX on SEC.gov

Website Logo  Linkedin Logo 


Dynex Capital, Inc. Company Logo

  Click on rating to expand

 N/A   Dividend Section Rating

Rating Dividend Section Avg. Rating
1 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 5.5
6 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 4.5
5 Dividend to EPS Payout Ratio Health: Analysis of the REIT’s Dividend to EPS Payout Ratios during the last four quarters. 0.7
N/A Dividend to EPS Payout Ratio Trend: Analysis of the REIT’s Dividend to EPS Payout Ratios trend during the last two years. 0.3
2 EPS Trend: Analysis of the REIT’s EPS trend during the last two years. 0.8

 N/A   Leverage Section Rating

Rating Leverage Section Avg. Rating
N/A Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 6.6
N/A Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 7.3
N/A Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 8.0
N/A Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 8.0
1 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 6.3
4 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 7.1

 4.0   Asset & Revenue Section Rating

Rating Asset & Revenue Section Avg. Rating
1 G&A Effeciency Level: Analysis of the REIT’s General and Administrative expenses in relationship to its Revenues. 6.9
2 G&A Effeciency Trend: Analysis of the Trend of the REIT’s General and Administrative expenses in relationship to its Revenues. 7.7
3 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 6.9
10 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 7.3
4.0 Overall Asset & Revenue Section Rating: The REIT’s total Asset, Revenues, and Administrative expenses score from the compilation of the above analysis. 7.2


REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

Stock Chart

See in Advanced Graph View

Hightlights of Trading Day August 19, 2019


Open Price: $15.22
Closing Price: $15.15
Price Change: 0.15 (1%)
Lowest Price: $15.11
Highest Price: $15.29

52-Week Low: $14.63
52-Week High: $19.59
52-Week Change: -21.09%

5 Day Price Change: -3.29%
1 Month Price Change: -12.28%
3 Month Price Change: -13.19%
6 Month Price Change: -17.49%
YTD Price Change: -14.38%
1 Year Price Change: -21.88%
2 Year Price Change: -12.57%
5 Year Price Change: -30.87%

Dividend of Trading Day August 19, 2019


Dividend Yield: 11.881%*
Annualized Dividend: $1.8*
Dividend Yield (TTM):
Annualized Dividend (TTM): $2.16
Ex Dividend Date: 2019-08-21
Dividend Frequency: Monthly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes.

Latest News Headlines


See more news headlines for Dynex Capital, Inc.

Earnings Per Share (EPS)


REITNotes' Dividend to Earning per Share (EPS) Payout Ratio graph is based on the REIT's dividend per diluted share divided by its Earnings per diluted share informed in the REIT’s Quarterly Earning Reports. For Mortgage REITs (mREITs) we display the Dividend to EPS Payout Ratio, while for Equity REITs, we display the Payout Ratio based on the Adjusted Funds From Operations (AFFO), or Core FFO, or Normalized FFO (NFFO), or Modified FFO (MFFO), Operating FFO as provided by the REIT.

Key Stats of Trading Day August 19, 2019


Total Cash: $34,598,000
Current Debt: $3,269,040,000
Revenue: $83,217,000
Gross Profit: $83,217,000
Total Revenue: $83,217,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): N/A
Revenue Per Share: $3
Revenue Per Employee: $4,379,842
Employee: 19
Debt to Equity Ratio (D/E): 6.21
Profit Margin: 0.08%
Enterprise Value (EV): $3,600,505,250
Enterprise Value to Revenue (EV/R): 43.27
Price to Sales (P/S): 4.37
Price to Book (P/B): 0.70
Peg Ratio: 0.07
P/E Ratio: -1.48
P/E High: 9.42
P/E Low: 7.03
Forward P/E Ratio: 7.54
Market Capitalization: $373,523,250
Beta: 0.40
Latest Volume: 420,317.00
Avg. Total Volume: 389,482
Avg. 10 Volume: 402,045.30
Avg. 30 Volume: 389,482.43
TTM EPS: -10.24
TTM Dividend Rate: 2.16
Shares Outstanding: 24,655,000
Float: 23,831,646.28
50-Day Moving Avg.: 16.54
200-Day Moving Avg.: 17.65

Latest REIT Community Comments on #DX


See more community comments related to DX

Dividend History


Below are the most recent cash dividends paid by DX, and the Ex-Dividend Date of the dividend. The percent difference from one dividend payment to the next has also been calculated for your convenience.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date

Login to see Dividend History Locked, Login to see more

Financial Statements Overview

Balance Sheet (Quarterly)

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2019-06-30 2019-03-31 2018-12-31 2018-09-30
Current Cash 0 55,902,000 34,598,000 113,585,000
Receivables 0 0 0 0
Inventory 0 0 0 0
Current Assets 0 0 0 0
Current Assets (Other) 0 0 0 0
Short Term Investments 0 121,882,000 0 0
Long-term Investments 5,714,130,000 4,726,595,000 3,756,027,000 3,297,122,000
Property, Plant & Equipment Net 0 0 0 0
Goodwill 0 0 0 0
Intangible Assets 0 0 0 0
Other Assets 18,113,000 104,679,000 74,445,000 17,897,000
Net Tangible Assets 598,638,000 604,674,000 527,153,000 546,753,000
Total Assets 5,868,885,000 5,035,133,000 3,886,089,000 3,448,179,000
Accounts Payable 0 0 0 0
Liabilities (Other) 451,717,000 174,347,000 87,494,000 206,859,000
Current Liabilities (Other) 7,164,000 6,927,000 13,810,000 13,121,000
Total Current Liabilities 0 0 0 0
Current Long-term Debt 0 1,045,000 1,056,000 1,155,000
Long-term Debt 3,078,000 2,174,000 2,402,000 2,554,000
Total Liabilities 5,270,247,000 4,430,459,000 3,358,936,000 2,901,426,000
Minority Interest 0 0 0 0
Common Stock 246,000 722,000 628,000 590,000
Retained Earnings -602,127,000 -466,644,000 -399,021,000 -306,208,000
Treasury Stock 0 0 0 0
Capital Surplus 882,633,000 872,010,000 818,442,000 795,630,000
Shareholder Equity 598,638,000 604,674,000 527,153,000 546,753,000

Income Statement (Quarterly)

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2019-06-30 2019-03-31 2018-12-31 2018-09-30
Total Revenue -84,147,000 39,957,000 -55,395,000 44,698,000
Cost of Revenue 0 0 0 0
Gross Profit -84,147,000 39,957,000 -55,395,000 44,698,000
Research and Development 0 0 0 0
Selling General and Admin 0 0 0 0
Operating Expense 4,265,000 3,954,000 3,492,000 3,964,000
Operating Income -88,684,000 -25,938,000 -59,469,000 40,746,000
Income Expense Net (Other) -30,301,000 -26,276,000 -19,053,000 -15,160,000
EBIT -88,684,000 -25,938,000 -59,469,000 40,746,000
Interest Income 30,813,000 26,276,000 19,053,000 14,817,000
Pretax Income -118,985,000 -52,214,000 -78,522,000 25,586,000
Income Tax 0 0 0 0
Minority Interest 0 0 0 0
Net Income -118,985,000 -52,214,000 -78,522,000 25,586,000
Net Income Basic -122,191,000 -55,273,000 -81,485,000 22,630,000

Cash Flow

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2019-06-30 2019-03-31 2018-12-31 2018-09-30
Net Income -118,985,000 -52,214,000 -78,522,000 25,586,000
Depreciation 0 0 0 0
Changes in Receivables 0 0 0 0
Changes in Inventories 0 0 0 0
Cash Change 0 53,959,000 -24,881,000 -104,373,000
Cash Flow 0 40,299,000 42,000,000 45,585,000
Capital Expenditures 0 0 0 0
Investments 0 -945,283,000 -567,087,000 -353,944,000
Investing Activity (Other) 0 -62,484,000 -6,165,000 -4,000
Total Investing Cash Flows 0 -1,007,121,000 -653,035,000 -326,106,000
Dividends Paid 0 -22,292,000 -13,602,000 -13,185,000
Net Borrowings -984,667,000 984,667,000 576,870,000 175,180,000
Cash Flow Financing -984,667,000 1,020,781,000 586,154,000 176,148,000
Financing Cash Flows (Other) 0 -296,000 0 0
Exchange Rate Effect 0 0 0 0

About Dynex Capital, Inc.


Formed in 1988, Dynex Capital, Inc. (NYSE: DX) is an internally managed real estate investment trust, or REIT, which invests in mortgage assets on a leveraged basis. The Company invests in Agency and non-Agency CMBS and RMBS.

Related REITs


REIT Exchange Market Capitalization Sector Country
New York Mortgage Trust, Inc. (NYMT) NASDAQ Small-Cap Mortgage United States
Capstead Mortgage Corporation (CMO) NYSE Small-Cap Mortgage United States
MFA Mortgage Investments, Inc. (MFA) NYSE Mid-Cap Mortgage United States
Invesco Mortgage Capital, Inc. (IVR) NYSE Small-Cap Mortgage United States
Pennymac Mortgage Investment Trust (PMT) NYSE Small-Cap Mortgage United States