NEW YORK ( TheStreet) -- The ex-dividend date for Dynex Capital (NYSE: DX) is tomorrow, September 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 27 cents per share. At a price of $8.59 as of 10:10 a.m. ET, the dividend yield is 12.8%. The average volume for Dynex has been 346,200 shares per day over the past 30 days. Dynex has a market cap of $340.5 million and is part of the financial sector and real estate industry. Shares are down 22.3% year to date as of the close of trading on Monday. Dynex Capital, Inc., together with its subsidiaries, operates as a mortgage real estate investment trust (REIT). The company has a P/E ratio of 6.1, equal to the average real estate industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Dynex as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. You can view the full Dynex Ratings Report. See our dividend calendar or top-yielding stocks list.