Dynex Capital, Inc. | REIT Profile

Symbol: DX
CIK: 826675
Exchange: NYSE
Founded: 1987 (35 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

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Overall Score: 5.1

See score breakdown | See trend

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More


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Hightlights of Trading Day January 14, 2022


Open Price: $16.98
Closing Price: $16.92
Price Change: -0.07 (-0.412%)
Lowest Price: $16.71
Highest Price: $16.98

52-Week Low: $15.32
52-Week High: $19.48
52-Week Change: 3.96%

5 Day Price Change: 1.62%
1 Month Price Change: 1.33%
3 Month Price Change: -2.61%
6 Month Price Change: -1.57%
YTD Price Change: 1.68%
1 Year Price Change: 5.20%
2 Year Price Change: 16.64%
5 Year Price Change: 40.93%

Dividend of Trading Day January 14, 2022


Dividend Yield: 9.22%*
Annualized Dividend: $1.56*
Dividend Yield (TTM): 8.824%
Annualized Dividend (TTM): $1.4992
Ex-Dividend Date: 2021-12-17
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. This graph does not include extraordinary dividend.

Latest News Headlines


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Key Stats of Trading Day January 14, 2022


Total Cash: N/A
Current Debt: $2,574,699,000
Revenue: $59,704,000
Gross Profit: $59,704,000
Total Revenue: $59,704,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $425,940,000
Revenue Per Share: $2
Revenue Per Employee: N/A
Employee: 19
Debt to Equity Ratio (D/E): 4.34
Profit Margin: 1.94%
Enterprise Value (EV): $622,952,027
Enterprise Value to Revenue (EV/R): 10.43
Price to Sales (P/S): 10.43
Price to Book (P/B): 0.94
Price/Earnings-to-Growth (PEG) Ratio: -0.11
P/E Ratio: 4.27
P/E High: 3.75
P/E Low: 2.72
Forward P/E Ratio: 9.06
Market Capitalization: $620,385,421
Beta: 0.63
Latest Volume: 609,285
Avg. Total Volume: 796,885
Avg. 10-Day Volume: 492,821
Avg. 30-Day Volume: 796,885
TTM EPS: 3.96
Shares Outstanding: 36,665,805
Float: N/A
50-Day Moving Avg.: $16.76
200-Day Moving Avg.: $17.11

Latest REIT Community Comments on #DX


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REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $16.30 per share you would have been able to buy 61 shares of DX on 2021-01-16 costing $994.30 @ $16.30 per share you would have been able to buy 30 shares of DX on 2021-01-16 costing $489.00 @ $16.30 per share you would have been able to buy 15 shares of DX on 2021-01-16 costing $244.50 @ $16.30 per share you would have been able to buy 6 shares of DX on 2021-01-16 costing $97.80 @ $16.30 per share you would have been able to buy 3 shares of DX on 2021-01-16 costing $48.90
Current worth On 2022-01-14 these 61 shares would be worth $1,032.12 @ $16.92 On 2022-01-14 these 30 shares would be worth $507.60 @ $16.92 On 2022-01-14 these 15 shares would be worth $253.80 @ $16.92 On 2022-01-14 these 6 shares would be worth $101.52 @ $16.92 On 2022-01-14 these 3 shares would be worth $50.76 @ $16.92
Dividends earned $95.16 in dividends would have been earned since 2021-01-16 with 61 shares. $47 in dividends would have been earned since 2021-01-16 with 30 shares. $23.40 in dividends would have been earned since 2021-01-16 with 15 shares. $9.36 in dividends would have been earned since 2021-01-16 with 6 shares. $4.68 in dividends would have been earned since 2021-01-16 with 30 shares.
Net (gain / loss)* 132.98 USD 65.40 USD 32.70 USD 13.08 USD 6.54 USD
ROI** 13.37% 13.37% 13.37% 13.37% 13.37%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by DX. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
DX 2021-12-17 0.130 --- 2021-12-10 2021-12-20 2022-01-03
DX 2021-11-19 0.130 --- 2021-11-11 2021-11-22 2021-12-01
DX 2021-10-21 0.130 --- 2021-10-12 2021-10-22 2021-11-01
DX 2021-09-21 0.130 --- 2021-09-13 2021-09-22 2021-10-01
DX 2021-08-20 0.130 --- 2021-08-13 2021-08-23 2021-09-01
DX 2021-07-21 0.130 --- 2021-07-12 2021-07-22 2021-08-02
DX 2021-06-18 0.130 --- 2021-06-10 2021-06-21 2021-07-01
DX 2021-05-21 0.130 --- 2021-05-13 2021-05-24 2021-06-01
DX 2021-04-21 0.130 --- 2021-04-12 2021-04-22 2021-05-03
DX 2021-03-19 0.130 --- 2021-03-11 2021-03-22 2021-04-01
DX 2021-02-19 0.130 --- 2021-02-11 2021-02-22 2021-03-01
DX 2021-01-22 0.130 --- 2021-01-13 2021-01-25 2021-02-01
DX 2020-12-18 0.130 --- 2020-12-10 2020-12-21 2021-01-04
DX 2020-11-19 0.130 --- 2020-11-10 2020-11-20 2020-12-01
DX 2020-10-22 0.130 --- 2020-10-13 2020-10-23 2020-11-02
DX 2020-09-23 0.130 --- 2020-09-14 2020-09-24 2020-10-01
DX 2020-08-20 0.130 --- 2020-08-10 2020-08-21 2020-09-01
DX 2020-07-22 0.130 --- 2020-07-13 2020-07-23 2020-08-04
DX 2020-06-19 0.130 -13.33% 2020-06-10 2020-06-22 2020-07-01
DX 2020-05-21 0.150 --- 2020-05-12 2020-05-22 2020-06-01

Financial Statements Overview


The next Earnings Report for DX is 2022-02-03

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Current Cash 0 0 0 0
Receivables 14,558,000 15,113,000 20,547,000 164,820,000
Inventory 0 0 0 0
Current Assets 3,337,471,000 3,388,953,000 2,851,928,000 3,081,360,000
Current Assets (Other) 77,234,000 23,811,000 116,323,000 11,342,000
Short Term Investments 2,935,400,000 3,019,313,000 2,496,696,000 2,607,597,000
Long-term Investments 16,639,000 85,342,000 49,180,000 6,394,000
Property, Plant & Equipment Net 0 0 0 0
Goodwill 0 0 0 0
Intangible Assets 0 0 0 0
Other Assets 0 0 0 6,394,000
Net Tangible Assets 665,668,000 647,786,000 623,433,000 458,889,000
Total Assets 3,354,110,000 3,474,295,000 2,901,108,000 3,087,754,000
Accounts Payable 0 0 0 0
Liabilities (Other) 5,900,000 3,627,000 3,589,000 8,164,000
Current Liabilities (Other) 2,574,699,000 2,715,039,000 2,166,243,000 2,446,026,000
Total Current Liabilities 2,574,699,000 2,715,039,000 2,166,243,000 2,446,137,000
Current Long-term Debt 0 0 0 111,000
Long-term Debt 0 0 0 0
Total Liabilities 2,580,599,000 2,718,666,000 2,169,832,000 2,454,301,000
Minority Interest 0 0 0 0
Common Stock 34,924,449 31,973,587 26,788,693 23,263,000
Retained Earnings -449,223,000 -447,602,000 -389,307,000 -491,104,000
Treasury Stock 0 0 0 0
Capital Surplus 0 0 0 0
Shareholder Equity 773,511,000 755,629,000 731,276,000 633,453,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Total Revenue 15,714,000 13,393,000 13,892,000 16,705,000
Cost of Revenue 0 0 0 0
Gross Profit 15,714,000 13,393,000 13,892,000 16,705,000
Research and Development 0 0 0 0
Selling General and Admin 3,572,000 2,473,000 2,372,000 2,411,000
Operating Expense 8,199,000 60,244,000 -100,320,000 -14,365,000
Operating Income 7,515,000 -46,851,000 114,212,000 31,070,000
Income Expense Net (Other) 9,603,000 0 0 308,104,000
EBIT 17,118,000 -46,851,000 114,212,000 339,174,000
Interest Income 0 0 0 0
Pretax Income 14,033,000 -43,759,000 117,929,000 40,446,000
Income Tax 0 0 0 0
Minority Interest 0 0 0 0
Net Income 12,110,000 -45,682,000 112,383,000 37,193,000
Net Income Basic 12,110,000 -45,682,000 112,383,000 37,193,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Net Income 12,110,000 -45,682,000 112,383,000 37,193,000
Depreciation 620,000 507,000 599,000 1,989,000
Changes in Receivables 14,558,000 15,113,000 20,547,000 164,820,000
Changes in Inventories 0 0 0 0
Cash Change 382,796,000 349,381,000 328,936,000 295,602,000
Cash Flow 40,872,000 37,665,000 30,189,000 43,976,000
Capital Expenditures 0 0 0 0
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -294,674,000 -323,757,000 398,335,000 234,399,000
Dividends Paid 0 0 0 0
Net Borrowings -2,940,117,000 -3,024,459,000 -2,502,445,000 -2,613,750,000
Cash Flow Financing 218,514,000 342,699,000 -360,768,000 -160,599,000
Financing Cash Flows (Other) 0 0 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.

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
8 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.8
10 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.5
Rating AFFO & Efficiency Section Avg. Rating
Rating Leverage Section Avg. Rating
2 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.1
10 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.9
Rating Asset & Revenue Section Avg. Rating
0 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 6.2
1 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.2
Rating Properties Section Avg. Rating
Rating Market Cap Section Avg. Rating
8 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.5
5.1 Overall REITRating™ Score (See trend) 6.2

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.

Related REITs


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MFA Mortgage Investments, Inc. (MFA) 5.3 NYSE Mid-Cap Mortgage United States
Invesco Mortgage Capital, Inc. (IVR) 2.6 NYSE Small-Cap Mortgage United States
Pennymac Mortgage Investment Trust (PMT) 5.2 NYSE Small-Cap Mortgage United States

Last updated: 2022-01-16 - v2.8