Dividend Growth of Dynex Capital, Inc.(DX)

Dynex Capital(DX) is having a Dividend Yield of 12.56% with the Annual cash Dividend per share of $0.84. The last quarter cash dividend per share pay out was $0.42. Dynex Capital has a 5 year average dividend yield of 12.33% and the stock has a Indicated annual dividend of $0.84. Dynex Capital(DX) formally announced its most recent dividend on January 6, 2017 with a Dividend per share of $0.21. The new indicated annual dividend based on announced dividend per share is $0.84. The dividend yield based on the forward looking indicated annual dividend is 12.56%. Dynex Capital(DX) has the most recent dividend payout ratio of 0.95 with a 5-year average payout ratio of 0.95. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.01. The 5 year historical dividend growth of Dynex Capital(DX) is at the rate of -7.28% while the R-Squared dividend growth is 0.88. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Dynex Capital, Inc. (NYSE:DX) rose 1.2% or 0.08 points on Thursday and made its way into the gainers of the day. After trading began at $6.71 the stock was seen hitting $6.8 as a peak level and $6.69 as the lowest level. The stock ended up at $6.77. The daily volume was measured at 579,103 shares. The 52-week high of the share price is $7.61 and the 52-week low is $5.63. The company has a market cap of $333 million. Shares of Dynex Capital, Inc. rose by 1.96% in the last five trading days and 0.74% for the last 4 weeks. Dynex Capital, Inc. is up 3.38% in the last 3-month period. Year-to-Date the stock performance stands at -0.73%.

Currently the company Insiders own 9.7% of Dynex Capital, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -11.33% . Institutional Investors own 44.59% of Dynex Capital, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -14.28%. Company has reported several Insider transactions to the SEC, on Dec 15, 2016, Thomas B Akin (director) purchased 7,100 shares at 23.12 per share price.On May 31, 2016, Barry Igdaloff (director) sold 8,911 shares at 6.63 per share price.On Aug 12, 2015, James C Iii Wheat (director) purchased 18,000 shares at 6.49 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Dynex Capital Inc was Downgraded by JMP Securities to Mkt Perform on Jan 13, 2017.

Dynex Capital Inc Last issued its quarterly earnings results on Feb 15, 2017. The company reported $0.20 EPS for the quarter. Analyst had a consensus estimate of $0.20. The company had revenue of $16.11 million for the quarter, compared to analysts expectations of $15.22 million. The companys revenue was down -18.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.25 EPS.

Dynex Capital, Inc. and its Subsidiaries and Affiliates, is a mortgage and consumer finance company which uses its loan production operations to create investments for its portfolio. Currently, the Companys primary production operations include the origination of mortgage loans secured by multi-family properties and the origination of loans secured by manufactured homes. The Company has recently expanded its production activities to include commercial real estate loans and may expand into other financial products in the future.


Share this post

Leave a Reply