Looking at the universe of stocks we cover at Dividend Channel, on 6/26/13, Dynex Capital, Inc. (DX) will trade ex-dividend, for its quarterly dividend of $0.29, payable on 7/31/13. As a percentage of DX's recent stock price of $9.99, this dividend works out to approximately 2.90%, so look for shares of Dynex Capital, Inc. to trade 2.90% lower — all else being equal — when DX shares open for trading on 6/26/13.
Below is a dividend history chart for DX, showing historical dividends prior to the most recent $0.29 declared by Dynex Capital, Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DX is likely to continue, and whether the current estimated yield of 11.61% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DX shares, versus its 200 day moving average:Looking at the chart above, DX's low point in its 52 week range is $8.66 per share, with $11.06 as the 52 week high point — that compares with a last trade of $10.00.
According to the ETF Finder at ETF Channel, DX makes up 1.88% of the Global X SuperDividend U.S. ETF (DIV) which is trading lower by about 1.3% on the day Monday. In Monday trading, Dynex Capital, Inc. shares are currently down about 2.1% on the day.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV