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Stock impact report

Dynex Capital, Inc. Announces Change to a Monthly Common Dividend Distribution Commencing 2019

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: Business Wire
GLEN ALLEN, Va.--(BUSINESS WIRE)-- Dynex Capital, Inc. (NYSE: DX) announced today that the Company’s Board of Directors has approved a change in the payment frequency of common stock dividends beginning in January 2019. In response to suggestions from existing shareholders as well as in recognition of global demographic trends toward income-oriented investments, future common stock dividend distributions will be paid monthly rather than quarterly. The Company plans to declare the common dividend by the 15th and payment will be made on the last business day of each month. “We are extremely pleased to announce the change to our common dividend payment schedule in response to shareholder input. As we have frequently noted, populations are aging around the globe and investors are increasingly seeking cash dividends for supplemental retirement income. We believe the new monthly distribution schedule will be an att Show less Read more
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