 |
Quotes delayed 20 minutes
|
Buy (3.00 out of 4)
44th percentile
|
|
|
 Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Thursday, June 27, 12:38 AM
Slide #365. Dynex Capital, Inc. — Preferred Stock Offering
| Company: |
Dynex Capital, Inc. (NYSE:DX) |
| Date announced: |
4/11/2013 |
| Price Per Share: |
$25.00 |
| Preferred Stock Offering Details: |
Dynex Capital, Inc. announced that it intends to make a public offering of shares of an original issuance of Series B Cumulative Redeemable Preferred Stock, liquidation preference $25.00 per share (the "Series B Preferred Stock"). The Company intends to grant the underwriters a 30-day option to purchase additional shares of the Series B Preferred Stock to cover any overallotments. The Company also intends to apply to list the Series B Preferred Stock on the New York Stock Exchange. |
Dynex Capital is an internally managed mortgage real estate investment trust. Co. primarily invests in Agency and non-Agency mortgage-backed securities (MBS) consisting of residential MBS (RMBS), commercial MBS (CMBS) and CMBS interest-only (IO) securities. Co.'s RMBS are Agency issued securities collateralized primarily by fixed-rate single family mortgage loans. Co. also purchase to-be-announced securities as a means of investing in and financing non-specified fixed-rate Agency RMBS. Co.'s CMBS investments are fixed-rate Agency-issued securities backed by multifamily housing loans. In addition, Co. invests in both Agency-issued and non-Agency issued CMBS IO. Preferreds: DX.PRA, DXPBP, DX.PRB
 Open the DX Page at Preferred Stock Channel »
| Name: |
Dynex Capital, Inc. |
| Sector: |
REITs |
| Number of ETFs Holding DX: |
26 (see which ones) |
| Total Market Value Held by ETFs: |
$140,603,223 |
| Total Market Capitalization: |
$417,000,000 |
| % of Market Cap. Held by ETFs: |
33.72% |
|
Open the DX Page at Preferred Stock Channel (in a new window) »
|
|
