Dynex Capital, Inc.
DXReal Estate · Stock · monthly payer
$13.01
Add to PortfolioForward Yield
15.68%
Annual Dividend
$2.04
Payout Ratio
96%
5-Yr Growth
5.5%
Ex-Date
May 21, 2026
Frequency
Monthly
DX Dividend Safety Score
54/ 100
Grade C
Borderline
Dividend-growth streak6 consecutive years of growth
Cut historyCut its dividend in 2020
Earnings payout coverage96% of earnings paid out
Balance-sheet strengthDebt/equity of 7.74
Yield vs its historyYield is 1.3× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is DX a good dividend stock?
MixedDynex Capital, Inc. (DX) pays a monthly dividend yielding 15.68% ($2.04/yr), with 5 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 5.5% 5-yr dividend growth
Risks
- Cut its dividend in 2020
- Elevated payout ratio (96%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 15.68%
- Payout Ratio
- 96%
- Annual Dividend
- $2.04
- 5-Yr Avg Growth
- 5.5%
- Ex-Dividend Date
- May 21, 2026
- Years of Growth
- 5
- Frequency
- monthly
- Beta
- 0.93
- Market Cap
- $2.8B
- P/E Ratio
- 6.1
- 5-Yr Total Return
- -31%
- 52-Week Range
- $11.76 – $14.93
- Dividend Safety
- C · 54/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 21, 2026 | — | $0.1700 | regular |
| Apr 23, 2026 | — | $0.1700 | regular |
| Mar 23, 2026 | — | $0.1700 | regular |
| Feb 23, 2026 | — | $0.1700 | regular |
| Jan 21, 2026 | — | $0.1700 | regular |
| Jan 2, 2026 | — | $0.1700 | regular |
| Nov 21, 2025 | — | $0.1700 | regular |
| Oct 23, 2025 | — | $0.1700 | regular |
| Sep 22, 2025 | — | $0.1700 | regular |
| Aug 22, 2025 | — | $0.1700 | regular |
| Jul 23, 2025 | — | $0.1700 | regular |
| Jun 23, 2025 | — | $0.1700 | regular |
| May 23, 2025 | — | $0.1700 | regular |
| Apr 23, 2025 | — | $0.1700 | regular |
Income Calculator
At $2.04 / yr per share
Per payment (monthly)$17.00
Annual$204.00
Monthly avg$17.00
