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Dynex Capital declares $0.13 February dividend

Published 14/02/2024, 10:28 am
Updated 14/02/2024, 10:28 am
© Reuters.

GLEN ALLEN, Va. - Dynex Capital, Inc. (NYSE:DX), a real estate investment trust (REIT), has declared a monthly cash dividend for February 2024. The company's Board of Directors announced a dividend of $0.13 per common share, which is set to be distributed on March 1, 2024, to shareholders who are on record as of February 23, 2024.

Dynex Capital, known for its diversified financing of real estate assets in the United States, operates with a focus on generating dividend income and long-term total returns for its stakeholders. The company prides itself on ethical stewardship and has established a comprehensive risk management framework alongside disciplined capital allocation.

This recent dividend declaration is a continuation of Dynex Capital's commitment to providing value to its shareholders through regular dividend payments. The company's approach to internal management is designed to align closely with stakeholder interests.

Investors and shareholders are reminded that dividend declarations such as this are based on the company's current financial position and are subject to change. As with all investment decisions, potential risks and uncertainties could affect future dividend payments and overall financial performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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