NEW YORK (

TheStreet

) -- The ex-dividend date for

Dynex Capital

(NYSE:

DX

) is tomorrow, March 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 27 cents per share. At a price of $10.39 as of 9:30 a.m. ET, the dividend yield is 10.4%.

The average volume for Dynex has been 364,700 shares per day over the past 30 days. Dynex has a market cap of $418 million and is part of the

financial

sector and

real estate

industry. Shares are down 4.8% year to date as of the close of trading on Friday.

Dynex Capital, Inc., together with its subsidiaries, operates as a mortgage real estate investment trust (REIT). The company has a P/E ratio of 7.4, equal to the average real estate industry P/E ratio and below the S&P 500 P/E ratio of 16.2.

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TheStreet Ratings rates Dynex as hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in stock price during the past year and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full

Dynex Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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