Company Description
Dynex Capital, Inc., a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) in the United States.
It invests in agency MBS consisting of residential MBS and commercial MBS (CMBS); and agency and non-agency CMBS interest-only securities.
Agency MBS have a guaranty of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac.
Non-Agency MBS do not have a guaranty of principal or interest payments. The company has qualified as a real estate investment trust for federal income tax purposes.
It generally would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its shareholders.
Dynex Capital, Inc. was incorporated in 1987 and is headquartered in Glen Allen, Virginia.
Country | United States |
Founded | 1987 |
Employees | 22 |
Contact Details
Address: 4991 Lake Brook Drive, Suite 100 Glen Allen, Virginia 23060-9245 United States | |
Phone | 804 217 5800 |
Website | dynexcapital.com |
Stock Details
Ticker Symbol | DX.PRC |
Exchange | NYSE |
Stock Type | Preferred Stock |
Fiscal Year | January - December |
Reporting Currency | USD |