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Quotes delayed 20 minutes
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Buy (3.00 out of 4)
43rd percentile
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 Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Sunday, October 20, 5:08 AM
Slide #375. 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, which primarily invests in residential and commercial mortgage-backed securities (MBS) on a leveraged basis. Co.'s investments consist principally of Agency and non-Agency MBS including residential MBS, commercial MBS (CMBS) and CMBS interest-only (IO) securities. Agency MBS have a guaranty of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity (GSE). Non-Agency MBS are issued by non-governmental enterprises and do not have a guaranty of principal payment. CMBS IO securities in which Co. invests may be issued by a GSE or a non-governmental enterprise. 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: |
23 (see which ones) |
| Total Market Value Held by ETFs: |
$43,180,832 |
| Total Market Capitalization: |
$378,000,000 |
| % of Market Cap. Held by ETFs: |
11.42% |
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Open the DX Page at Preferred Stock Channel (in a new window) »
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