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Dynex Capital, Inc. Announces Second Quarter Common and Preferred Dividends

^{Published on 2010-06-16 06:14:18 - Market Wire}
 

GLEN ALLEN, Va.--([ BUSINESS WIRE ])--Dynex Capital, Inc. (NYSE: DX) announced today that its Board of Directors has declared a dividend on its common stock of $0.23 per share and a dividend on its Series D 9.50% Cumulative Convertible Preferred Stock of $0.2375 per share. Both the common and preferred dividends will be payable on July 30, 2010 to shareholders of record as of June 30, 2010.

Dynex Capital, Inc. is areal estate investment trust, or REIT, which invests in mortgage loans and securities on a leveraged basis. The Companyinvests in Agency and non-Agency MBS and CMBS. The Companyalso has investments in securitized single-family residential and commercial mortgage loansoriginated by the Companyfrom 1992 to 1998. Additional information about Dynex Capital, Inc. is available at [ www.dynexcapital.com ].

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regardingthe business of Dynex Capital, Inc.that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion ofthese risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission.