Dynex Capital, Inc. (DX-PC) NYSE
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Dynex Capital, Inc.
Address
140 East Shore Drive
Glen Allen, VA 23059-5755
United States of America (the)
Phone
804 217 5800
Website
Sector
Real Estate
Industry
REIT - Mortgage
Employees
28
First IPO Date
February 14, 2020
Key Executives
| Name | Title | Pay | Year Born |
| Smriti Laxman Popenoe | Co-CEO, President & Director | 4.55M | 1969 |
| Byron L. Boston | Co-CEO & Chairman of the Board | 4.65M | 1959 |
| Kaitlyn J. Mauritz | Head of Capital Markets & Investor Relations | 0 | N/A |
| Meakin Bennett | Chief Operating Officer | 0 | N/A |
| Terrence J. Connelly Jr. | Chief Investment Officer | 0 | N/A |
| Wayne E. Brockwell | Senior Vice President & Portfolio Manager | 0 | N/A |
| Robert Nilson Jr. | Chief Risk Officer | 0 | N/A |
| Michael Angelo | Chief Legal Counsel & Corporate Secretary | 0 | N/A |
| Michael Sartori | Chief Financial Officer | 0 | 1981 |
| Jeffrey L. Childress | Chief Accounting Officer | 0 | N/A |
Description
Dynex Capital, Inc. functions as a mortgage real estate investment trust (REIT), primarily engaging in leveraged investments within the U.S. mortgage-backed securities (MBS) market. Its investment portfolio includes a variety of MBS, such as agency and non-agency types, comprising residential mortgage-backed securities, commercial mortgage-backed securities (CMBS), and specialized CMBS interest-only instruments. Agency MBS distinguish themselves by a principal payment guarantee from a U.S. government body or a government-sponsored enterprise like Fannie Mae or Freddie Mac. Conversely, non-agency MBS lack this governmental assurance. For federal income tax purposes, the company qualifies as a REIT, which generally allows it to avoid federal corporate income taxes, provided it distributes at least 90% of its taxable earnings to its shareholders. Dynex Capital, Inc. was founded in 1987 and maintains its corporate headquarters in Glen Allen, Virginia.
