Dynex Capital, Inc. (DX) NYSE
Currency In USD
- General
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- Historical Data
- Profile
- Financials
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 10, 1988
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 |
| Terrence J. Connelly Jr. | Chief Investment Officer | 0 | N/A |
| Wayne E. Brockwell | Senior Vice President & Portfolio Manager | 0 | N/A |
| Kaitlyn J. Mauritz | Head of Capital Markets & Investor Relations | 0 | N/A |
| Meakin Bennett | Chief Operating Officer | 0 | N/A |
| Robert Nilson Jr. | Chief Risk Officer | 0 | N/A |
| Michael Sartori | Chief Financial Officer | 0 | 1981 |
| Jeffrey L. Childress | Chief Accounting Officer | 0 | N/A |
| Michael Angelo | Chief Legal Counsel & Corporate Secretary | 0 | N/A |
Description
Dynex Capital, Inc. operates as a mortgage real estate investment trust (mREIT), primarily engaging in the leveraged acquisition of various mortgage-backed securities (MBS) within the United States. Its investment portfolio includes both agency and non-agency MBS. Agency MBS are distinguished by a principal payment guarantee from a U.S. government entity or a government-sponsored enterprise (GSE), such as Fannie Mae or Freddie Mac. In contrast, non-agency MBS do not possess this governmental backing. Dynex's holdings specifically encompass residential MBS, commercial MBS (CMBS), and certain CMBS interest-only instruments. For federal income tax purposes, the company holds the designation of a real estate investment trust. This status typically exempts Dynex Capital from federal corporate income tax liabilities, provided it distributes a minimum of 90% of its taxable earnings to its shareholders. Established in 1987, the firm maintains its corporate headquarters in Glen Allen, Virginia.
