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0 0 6.82128240107551E-06 0.000682128240109126 -0.00136425648021825 -0.00204638472032738 -0.00220327421555248 0
Stock impact report

9% High Dividend Yield From Dynex Capital Preferred Share [Seeking Alpha]

Dynex Capital, Inc. (DX) 
Last dynex capital, inc. earnings: 11/1 08:00 am Check Earnings Report
US:NYSE Investor Relations: dynexcapital.com
Company Research Source: Seeking Alpha
DX.PR.C's floating rate and high spread are unmatched among similarly low-risk mREIT preferreds, but significant call risk limits upside. Call risk is material: a call could result in immediate downside exceeding $0.60 per share at current prices. Investors in tax-advantaged accounts may find better risk-reward in baby bonds, which offer defined maturities and higher capital structure priority. Looking for a portfolio of ideas like this one? Members of The REIT Forum get exclusive access to our subscriber-only portfolios. Learn More » Berk Ucak/iStock via Getty Images Anyone who has followed us knows that we cover the mREIT sector. While mortgage REITs carry relatively high risk, we also cover the preferred shares in the sector. Preferred shares offer investors a great way to buy into the sector at materially less risk. One of the perks of preferred shares in this space is that they have a relatively high dividend yield. Dynex Capital ( DX ) Preferred Share We find that Show less Read more
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