Dynex Capital, Inc. announced today that the Company's Board of Directors has declared a cash dividend of $0.17 per share on its Common Stock (NYSE:DX) for June 2025. The Common dividend is payable on July 1, 2025, to shareholders of record as of June 23, 2025.

The Company's Board also declared the quarterly cash dividend of $0.62395 per share of its 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE:DXPRC) for the second quarter of 2025. The Preferred dividend is payable on July 15, 2025, to shareholders of record as of July 1, 2025.

The Series C Preferred shares accrue dividends at a floating rate equal to Three-Month CME Term SOFR plus 0.26161% plus 5.461%. The dividend rate for the dividend period ending July 14, 2025 is 9.98315% per annum.

About Dynex Capital

Dynex Capital, Inc. is a financial services company committed to ethical stewardship of stakeholders' capital, employing comprehensive risk management and disciplined capital allocation to generate dividend income and long-term total returns through the diversified financing of real estate assets in the United States. Dynex operates as a REIT and is internally managed to maximize stakeholder alignment. Additional information about Dynex Capital, Inc. is available at www.dynexcapital.com.

Forward Looking Statement

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding the business of Dynex Capital, Inc. that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of these risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250611387554/en/

Alison Griffin

804-217-5897

Dynex Capital, Inc. Declares Common and Preferred Stock Dividends