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DX-P-C NOW TRADING POST CALL DATE

DYNEX CAPITAL INC · Series C · REIT - Diversified
Also quoted as: DX-C, DXprC, DX.PRC, DX-PC, DXpC
$26.05
last price

About this security

DX-P-C is a 6.900% cumulative perpetual preferred stock issued by DYNEX CAPITAL INC, a REIT - Diversified issuer. $25 liquidation preference, current yield 9.43%, callable from 2025-04-15.

DYNEX CAPITAL INC: Dynex Capital, Inc. is an internally managed mortgage REIT that invests primarily in agency residential and commercial mortgage-backed securities (RMBS and CMBS) guaranteed by U.S. government-sponsored enterprises. The company's portfolio is backed by U.S. housing and commercial real estate loans, with an emphasis on active management of interest rate, prepayment, spread, liquidity, and counterparty risks. Dynex prioritizes disciplined capital allocation and risk management aimed at preserving book value across market cycles. Its common and preferred stocks trade on the NYSE, and it is structured to distribute at least 90% of its taxable income to qualify as a REIT.

Issuer page — all DYNEX CAPITAL INC securities & profile →

Key Stats ✓ terms from SEC filing — verify via link below ✓ verified against SEC filing

live page · rendered 05:23:34 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current Yield
9.43%
Annual Dividend
$2.4575
Recent Market Price
$26.05
as of 2026-06-16
Disc/Prem to Par (→ screen)
Recent Ex-Date
2026-04-01
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
6.900%
Call Date
2025-04-15 ⚑ callable now
Yield to Call
n/a — callable now
Yield to Worst
n/a — callable now
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No — Limited change-of-control conversion
Floating Rate
three-month LIBOR + [spread]% (reset on/after April 15, 2025)
Pay Dates
January 15, April 15, July 15, October 15
Issued
2020-02-13
Series
C
Alt. Symbology
DX-C, DXprC, DX.PRC, DX-PC, DXpC

vs. REIT - Diversified category (121 issues): yield 9.43% vs avg 8.14% · discount +4.2% vs avg -13.9%

Quote

 DX-P-C (preferred)DX (common)
Last $26.05 $12.93
Change
Open$25.95$12.95
High / Low $26.09 / $25.95 $12.99 / $12.85
Prev Close
Volume3,8113,058,140
52-Week High / Low $26.29 / $25.10 $14.93 / $11.76

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

DX-P-C DX (common)

Dividend History

Ex-DateAmount / Share
2026-04-01$0.587110
2025-12-31$0.614370
2025-10-01$0.641470
2025-07-01$0.623950
2025-04-01$0.431250
2024-12-31$0.431250
2024-10-01$0.431250
2024-07-01$0.431250
2024-03-28$0.431250
2023-12-28$0.431250
2023-09-28$0.431250
2023-06-29$0.431250

Performance — $10K Calculator

See what an investment in DX-P-C would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

🔔 Get dividend & filing alerts for DX-P-C →

Prospectus (SEC 424B5)

We are offering shares of our % Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the "Series C Preferred Stock"). We will pay cumulative dividends on our Series C Preferred Stock in the amount of $ per share each year, which is equivalent to the rate of % of the $25.00 liquidation preference per share.

Use of proceeds: Net proceeds will be used to redeem all of the Company's outstanding Series A Preferred Stock (and for general corporate purposes).

Full Prospectus (SEC filing) →

News — DYNEX CAPITAL INC

Issuer news via Tiingo, tagged to DX.

Related Articles

About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at
A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.
Income & dividends
Current YieldAnnual income ÷ today's price — what you'd actually earn buying now. The headline income number.
Annual Dividend / InterestTotal cash paid per share each year. A preferred pays a "dividend"; a baby bond pays "interest."
Original CouponThe annual rate set when it was issued, as a % of par (6% of $25 = $1.50/yr). Fixed stays put; floating/reset rates change later.
Pay FrequencyHow often it pays — usually quarterly, sometimes monthly or twice a year.
Recent Ex-DateOwn it before this date to receive the next payment; buy on or after and you miss that one.
Price & value
Recent Market PriceThe latest market quote, delayed at least 20 minutes.
Liquidation Preference (Par)Face value — almost always $25 (some are $50, $100, or $1,000). What you're owed if the company winds down, and the price it can be redeemed at.
Disc / Prem to ParHow far the price sits below par (a discount) or above it (a premium). A discount can add return if it's redeemed at par; a premium is what you'd lose if it is.
Call & redemption
Call DateThe first date the issuer may redeem (buy back) the share at par. Before it you're protected; after it, it can be called at any time.
RedeemableWhether the issuer has the right to buy it back at all.
Yield to CallYour annual return if bought today and redeemed at par on the call date. If it's below the current yield, a call would cost you.
Yield to WorstThe lowest of the possible outcomes (to call, to maturity, or simply held) — the cautious yield to judge by.
Dividend terms & structure
CumulativeIf a payment is skipped, a cumulative issue still owes it (and must catch up before any common dividend); a non-cumulative one does not.
Interest DeferrableOn some baby bonds the issuer may postpone interest for a period — common on junior subordinated notes.
Floating / Reset RateThe rate isn't fixed forever — after a set date it resets to a benchmark (e.g. 3-month SOFR or the 5-year Treasury) plus a spread.
MaturityFor a baby bond, the date the principal is repaid. Most preferreds are perpetual — no maturity.
ConvertibleWhether it can turn into the company's common stock. "Change-of-control conversion" means that right applies only if the company is taken over.
Conversion Price / RatioFor convertibles, the price or number of common shares each unit converts into.
SeriesThe class label from the SEC filing (e.g. Series A). Note: it can differ from the ticker letter.
IssuedThe date the security first settled — when it came to market.
Shares OfferedHow many shares (or depositary shares) were sold in the original offering.
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