DX Ex-Dividend Reminder - 10/1/14

Looking at the universe of stocks we cover at Dividend Channel, on 10/1/14, Dynex Capital, Inc. ( DX) will trade ex-dividend, for its quarterly dividend of $0.25, payable on 10/31/14. As a percentage of DX's recent stock price of $8.20, this dividend works out to approximately 3.05%, so look for shares of Dynex Capital, Inc. to trade 3.05% lower — all else being equal — when DX shares open for trading on 10/1/14.

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Below is a dividend history chart for DX, showing historical dividends prior to the most recent $0.25 declared by Dynex Capital, Inc.:

DX+Dividend+History+Chart

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 12.20% 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:

Dynex Capital, Inc. 200 Day Moving Average Chart

Looking at the chart above, DX's low point in its 52 week range is $7.88 per share, with $9.14 as the 52 week high point — that compares with a last trade of $8.19.

According to Preferred Stock Channel, there is are 3 series of preferred stock that are senior to DX — find out what they are ».

In Monday trading, Dynex Capital, Inc. shares are currently trading flat on the day.

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