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Dynex Capital, Inc. Announces 2017 Dividend Tax Information

DYNEX CAPITAL (DX)  More Company Research Source: Business Wire
Last dynex capital earnings: 11/1 08:00 am Check Earnings Report
US:NYSE Investor Relations: dynexcapital.com
PDF GLEN ALLEN, Va.--(BUSINESS WIRE)-- Dynex Capital, Inc. (NYSE: DX) today announced tax information with respect to its 2017 Common Stock, Series A Preferred Stock and Series B Preferred Stock dividends. Dividend Tax Information We are providing the information below to assist shareholders with their tax reporting requirements relating to the dividend distributions by Dynex Capital, Inc. (“Dynex” or the “Company”). As detailed below, dividends paid by Dynex on its Common Stock were in part ordinary taxable income and in part a return of capital. No portion of the dividends paid in 2017 were capital gains. The distributions of ordinary taxable income are not eligible for the tax rate reductions enacted for qualified dividend income under the Jobs and Growth Tax Relief Reconciliation Act of 2003 and are accordingly being reported as non-qualifying dividends. Shareholders should review th [Read more]

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