Dynex Capital (NYSE:DX) declared a quarterly dividend on Thursday, June 13th, AnalystRatingsNetwork reports. Investors of record on Friday, June 28th will be given a dividend of $0.29 per share on Wednesday, July 31st. This represents a $1.16 dividend on an annualized basis and a yield of 11.07%.
On a related note, analysts at Ladenburg Thalmann raised their price target on shares of Dynex Capital from $11.00 to $11.50 in a research note to investors on Monday, April 1st. They now have a “buy” rating on the stock.
Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $11.03.
Dynex Capital (NYSE: DX) last announced its earnings results on Wednesday, May 1st. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.02. During the same quarter in the previous year, the company posted $0.33 earnings per share.
Dynex Capital, Inc. is a real estate investment trust (NYSE: DX), which invests in mortgage securities and loans on a leveraged basis.
