SmarterDividends
DX

Dynex Capital, Inc.

DX

Real Estate · Stock · monthly payer

Forward Yield

15.30%

Annual Dividend

$2.04

Payout Ratio

96%

5-Yr Growth

3.6%

Ex-Date

Jul 23, 2026

Frequency

Monthly

Summary

As of July 2026, Dynex Capital, Inc. (DX) yields 15.30% ($2.04 per share annually). Dividend safety grade: C (56/100). 2 years of dividend growth.

Is DX a good dividend stock?

Mixed

Dynex Capital, Inc. (DX) pays a monthly dividend yielding 15.30% ($2.04/yr), with 2 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

    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
    15.30%
    Payout Ratio
    96%
    Annual Dividend
    $2.04
    5-Yr Avg Growth
    3.6%
    Ex-Dividend Date
    Jul 23, 2026
    Years of Growth
    2
    Frequency
    monthly
    Beta
    0.93
    Market Cap
    $2.8B
    P/E Ratio
    6.3
    5-Yr Total Return
    -25%
    52-Week Range
    $11.83 – $14.93
    Dividend Safety
    C · 56/100
    Ever Cut?
    Yes (2020)
    DX ex-dividend date & scheduleNext ex-date Jul 23, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $2.04 / yr per share

    Per payment (monthly)$17.00
    Annual$204.00
    Monthly avg$17.00