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Company details

Dynex Capital Inc. is a real estate investment trust (REIT) that primarily invests in mortgage-backed securities (MBS). The core purpose of Dynex Capital is to generate income for its shareholders through the acquisition and management of these securities, which are backed by residential and commercial mortgages. By focusing on both Agency and non-Agency residential MBS, along with commercial MBS, Dynex Capital plays a pivotal role in providing liquidity to the mortgage market. The trust capitalizes on the interest earned from these securities, distributing a significant portion of its taxable income to investors in the form of dividends. Operating within the broader financial services and real estate sectors, Dynex Capital is integral to the flow of mortgage funds, ultimately influencing housing market stability and interest rate environments. As a REIT, it must adhere to specific regulatory requirements, including distributing at least 90% of its taxable income, which underscores its reliance on leveraging market conditions to optimize returns. Founded in 1988 and headquartered in Glen Allen, Virginia, Dynex Capital is a key player in bridging investment capital and housing market needs.