Dynex Capital, Inc.
DX
$14.34
$0.120.84%
Corporate Info
Website
Phone Number
804 217 5800
Address
4991 Lake Brook Drive
Suite 100
Glen Allen, VA 23060-9245
Suite 100
Glen Allen, VA 23060-9245
Country
United States
Year Founded
1987
Details
Sector
Financials
Industry
Financial Services
Employees
22
Business Decription
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.