Looking at the universe of stocks we cover at Dividend Channel, on 12/27/13, Dynex Capital, Inc. (DX) will trade ex-dividend, for its quarterly dividend of $0.27, payable on 1/31/14. As a percentage of DX's recent stock price of $8.49, this dividend works out to approximately 3.18%, so look for shares of Dynex Capital, Inc. to trade 3.18% lower — all else being equal — when DX shares open for trading on 12/27/13.
Below is a dividend history chart for DX, showing historical dividends prior to the most recent $0.27 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 12.72% 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 $7.71 per share, with $11.06 as the 52 week high point — that compares with a last trade of $8.50.
According to the ETF Finder at ETF Channel, DX makes up 1.01% of the Mortgage REIT Income ETF (MORT) which is trading up by about 0.3% on the day Thursday. In Thursday trading, Dynex Capital, Inc. shares are currently up about 0.6% on the day.