Dynex Capital, Inc.
DX-PCReal Estate · Stock · quarterly payer
Forward Yield
9.42%
Annual Dividend
$2.44
Payout Ratio
—
5-Yr Growth
8.3%
Ex-Date
Jul 1, 2026
Frequency
Quarterly
Summary
As of July 2026, Dynex Capital, Inc. (DX-PC) yields 9.42% ($2.44 per share annually), with a blended fair-value estimate of $57.92 — +124% upside, so it screens as undervalued. Dividend safety grade: C (65/100). 1 years of dividend growth.
Is DX-PC a good dividend stock?
Yes, with caveatsDynex Capital, Inc. (DX-PC) pays a quarterly dividend yielding 9.42% ($2.44/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- Strong 8.3% 5-yr dividend growth
Risks
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 9.42%
- Payout Ratio
- —
- Annual Dividend
- $2.44
- 5-Yr Avg Growth
- 8.3%
- Ex-Dividend Date
- Jul 1, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 0.93
- Market Cap
- —
- P/E Ratio
- 9.6
- 5-Yr Total Return
- -1%
- 52-Week Range
- $25.11 – $26.29
- Dividend Safety
- C · 65/100
- Ever Cut?
- No
Frequently Asked Questions
DX-PC Price — Last 12 Months
Daily close
Price Return
1 Year
+0%
3 Years
+9%
5 Years
-1%
52-Week Range
$25.11 – $26.29
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DX-PC worth?
Undervaluedlow confidenceOur blended fair-value estimate for Dynex Capital, Inc. is $57.92 per share, versus a market price of $25.86. That implies 124% of upside — a margin of safety of about 55%.
Fair Value
$57.92
Current Price
$25.86
Upside
+124%
Margin of Safety
55%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 8.9% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $2.66 EPS, $2.44 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DX-PC Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 1, 2026 | — | $0.5942 | regular |
| Apr 1, 2026 | — | $0.5871 | regular |
| Dec 31, 2025 | — | $0.6144 | regular |
| Oct 1, 2025 | — | $0.6415 | regular |
| Jul 1, 2025 | — | $0.6309 | regular |
| Apr 1, 2025 | — | $0.4313 | regular |
| Dec 31, 2024 | — | $0.4313 | regular |
| Oct 1, 2024 | — | $0.4313 | regular |
| Jul 1, 2024 | — | $0.4313 | regular |
| Mar 28, 2024 | — | $0.4313 | regular |
| Dec 28, 2023 | — | $0.4313 | regular |
| Sep 28, 2023 | — | $0.4313 | regular |
| Jun 29, 2023 | — | $0.4313 | regular |
| Mar 30, 2023 | — | $0.4313 | regular |
Income Calculator
At $2.44 / yr per share
