Dynex Capital, Inc.
DX-PCReal Estate · REIT - Mortgage · Stock · quarterly payer
Forward Yield
9.27%
Annual Dividend
$2.40
Payout Ratio
—
5-Yr Growth
8.3%
Ex-Date
Oct 1, 2026
Frequency
Quarterly
Key facts about DX-PC's dividend
Data as of · Source: SmarterDividends data
- As of Sep 30, 2026, Dynex Capital, Inc. (DX-PC) has a forward dividend yield of 9.27%, based on an annual dividend of $2.40 per share and a share price of $26.03.
- As of Sep 30, 2026, DX-PC's dividend safety grade from SmarterDividends is C (65 out of 100), which rates the dividend as borderline.
- DX-PC has never cut its regular dividend in the payment history SmarterDividends has on record.
- DX-PC's next ex-dividend date is Oct 1, 2026. Shares must be owned before that date to receive the dividend.
- DX-PC's dividend has grown at an average rate of 8.3% a year over the past five years.
- As of Sep 30, 2026, DX-PC's 9.27% yield is 23% above its five-year average yield of 7.56%.
- As of Sep 30, 2026, SmarterDividends' blended fair-value estimate for DX-PC is $56.60 per share, 117% above the $26.03 share price, so DX-PC screens as undervalued.
- Dynex Capital, Inc. (DX-PC) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "DX-PC Dividend: Yield, Safety Grade & Next Ex-Date," updated Sep 30, 2026, https://smarterdividends.com/stocks/DX-PC
Summary
As of Sep 30, 2026, Dynex Capital, Inc. (DX-PC) yields 9.27% ($2.40 a year per share) and has a dividend safety grade of C (65/100).
Is DX-PC a good dividend stock?
Yes, with caveatsDynex Capital, Inc. (DX-PC) pays a quarterly dividend yielding 9.27% ($2.40/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- Strong 8.3% 5-yr dividend growth
Risks
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 9.27%
- Payout Ratio
- —
- Annual Dividend
- $2.40
- 5-Yr Avg Growth
- 8.3%
- Ex-Dividend Date
- Oct 1, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 0.94
- Market Cap
- —
- P/E Ratio
- 9.8
- 5-Yr Total Return
- -1%
- 52-Week Range
- $25.11 – $26.24
- Dividend Safety
- C · 65/100
- Ever Cut?
- No
Frequently Asked Questions
Is DX-PC a good dividend stock?
Yes, with caveats. Dynex Capital, Inc. (DX-PC) pays a quarterly dividend yielding 9.27% ($2.40/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Is DX-PC undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DX-PC's fair value is about $56.60 versus a $26.03 share price — so it looks undervalued (+117% vs. fair value).
Is DX-PC's dividend safe?
DX-PC has a dividend-safety grade of C (65/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is DX-PC's fair value?
Our blended fair-value estimate for DX-PC is about $56.60 per share, roughly 117% above the current $26.03 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is DX-PC a buy, hold, or sell?
We don't issue formal ratings, but on the data DX-PC screens as "yes, with caveats" and undervalued. Dynex Capital, Inc. (DX-PC) pays a quarterly dividend yielding 9.27% ($2.40/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will DX-PC cut its dividend?
DX-PC earns a dividend-safety grade of C (65/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does DX-PC pay a dividend?
Yes. Dynex Capital, Inc. pays a quarterly dividend of about $2.40 per share annually, a forward yield of roughly 9.27%.
What is DX-PC's dividend yield?
As of Sep 30, 2026, DX-PC's forward dividend yield is 9.27%, based on a $2.40 annual dividend and a $26.03 share price.
What is DX-PC's dividend per share?
As of Sep 30, 2026, DX-PC pays $2.40 per share per year, distributed on a quarterly basis.
How many years has DX-PC grown its dividend?
As of Sep 30, 2026, DX-PC has increased its dividend for 1 consecutive years.
When is the next DX-PC ex-dividend date?
As of Sep 30, 2026, the next ex-dividend date on record for DX-PC is Oct 1, 2026.
DX-PC Price — Last 12 Months
Daily close
Price Return
1 Year
-0%
3 Years
+17%
5 Years
-1%
52-Week Range
$25.11 – $26.24
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DX-PC worth?
Undervaluedlow confidenceOur blended fair-value estimate for Dynex Capital, Inc. is $56.60 per share, versus a market price of $26.03. That implies 117% of upside — a margin of safety of about 54%.
Fair Value
$56.60
Current Price
$26.03
Upside
+117%
Margin of Safety
54%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $2.66 EPS, $2.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DX-PC Dividend Safety Score
Borderline
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
Dividend History
Full DX-PC dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 1, 2026 | — | $0.5942 | regular |
| Apr 1, 2026 | — | $0.5871 | regular |
| Dec 31, 2025 | — | $0.6144 | regular |
| Oct 1, 2025 | — | $0.6415 | regular |
| Jul 1, 2025 | — | $0.6309 | regular |
| Apr 1, 2025 | — | $0.4313 | regular |
| Dec 31, 2024 | — | $0.4313 | regular |
| Oct 1, 2024 | — | $0.4313 | regular |
| Jul 1, 2024 | — | $0.4313 | regular |
| Mar 28, 2024 | — | $0.4313 | regular |
| Dec 28, 2023 | — | $0.4313 | regular |
| Sep 28, 2023 | — | $0.4313 | regular |
| Jun 29, 2023 | — | $0.4313 | regular |
| Mar 30, 2023 | — | $0.4313 | regular |
Income Calculator
At $2.40 / yr per share
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