DX Ex-Dividend Reminder - 7/1/15

Looking at the universe of stocks we cover at Dividend Channel, on 7/1/15, Dynex Capital, Inc. (DX) will trade ex-dividend, for its quarterly dividend of $0.24, payable on 7/31/15. As a percentage of DX's recent stock price of $7.75, this dividend works out to approximately 3.10%, so look for shares of Dynex Capital, Inc. to trade 3.10% lower — all else being equal — when DX shares open for trading on 7/1/15.

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Below is a dividend history chart for DX, showing historical dividends prior to the most recent $0.24 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 12.39% 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 $7.62 per share, with $8.87 as the 52 week high point — that compares with a last trade of $7.74.

According to the ETF Finder at ETF Channel, DX makes up 1.29% of the Mortgage REIT Income ETF ( MORT) which is trading relatively unchanged on the day Monday.

According to Preferred Stock Channel, there 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 down about 0.5% on the day.

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