DX Dividend History & Analysis | 15.6% Yield

DX has a dividend yield of 15.6% and paid 2.04 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 15.63%
Payout Ratio 35.1%
Growth Rate CAGR 5y 7.6%
Consistency Lifetime 98%
Yield on Cost 5y 20.9%
Payout FCF 166.9%
Streak Years 1
Dividend Rating 80.1%
Chowder Number yield + growth 23.2% meets 12% target for healthy growth
Yield vs Average 5y +36% avg 11.49% vs now 15.63%
Debt / EBITDA leverage 26.4x elevated
Income per 10k invested 1,563 USD per year
Dividends Cash Amount per Share Yearly DX annual dividends paid per share, showing the total cash Dynex Capital distributed to shareholders each year.
Dividend Growth Year over Year DX year-over-year dividend growth rate, showing how Dynex Capital's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History DX dividend yield history versus share price over the past 5 years, showing how Dynex Capital's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Mortgage REITs

Top 9 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
ARI NYSE
Apollo Commercial Real
1,347 M 42.86% 77.38%
DX NYSE
Dynex Capital
2,834 M 15.63% 20.87%
MFA NYSE
MFA Financial
946 M 15.44% 15.22%
AGNC NASDAQ
AGNC Investment
12,822 M 13.87% 16.97%
NLY NYSE
Annaly Capital Management
16,839 M 13.33% 15.68%
EFC NYSE
Ellington Financial
1,690 M 11.90% 15.91%
TRTX NYSE
TPG RE Finance Trust
651 M 11.46% 12.66%
STWD NYSE
Starwood Property Trust
6,257 M 10.85% 11.79%
LADR NYSE
Ladder Capital
1,238 M 8.82% 12.19%
Top 3 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
DX NYSE
Dynex Capital
2,834 M 7.60% 98.0%
LADR NYSE
Ladder Capital
1,238 M 1.77% 98.3%
ARI NYSE
Apollo Commercial Real
1,347 M 0.80% 92.6%

DX Dividend History

Dividend Monthly Return EX date, 5 years of data

Jan 1.51% 100
Feb 1.02% 100
Mar 1.12% 100
Apr 1.15% 100
May 1.17% 100
Jun 1.15% 100
Jul 0.99% 100
Aug 1.02% 100
Sep 1.01% 100
Oct 1.09% 100
Nov 1.08% 100
Dec 0.57% 60

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 50 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-22 2026-06-22 2026-07-01 Monthly 0.17 0% 1.32%
2026-05-21 2026-05-21 2026-06-01 Monthly 0.17 0% 1.34%
2026-04-23 2026-04-23 2026-05-01 Monthly 0.17 0% 1.25%
2026-03-23 2026-03-23 2026-04-01 Monthly 0.17 0% 1.38%
2026-02-23 2026-02-23 2026-03-02 Monthly 0.17 0% 1.22%
2026-01-21 2026-01-21 2026-02-02 Monthly 0.17 0% 1.18%
2026-01-02 2026-01-02 2026-01-09 Monthly 0.17 0% 1.23%
2025-11-21 2025-11-21 2025-12-01 Monthly 0.17 0% 1.28%
2025-10-23 2025-10-23 2025-11-03 Monthly 0.17 0% 1.28%
2025-09-22 2025-09-22 2025-10-01 Monthly 0.17 0% 1.41%
2025-08-22 2025-08-22 2025-09-02 Monthly 0.17 0% 1.39%
2025-07-23 2025-07-23 2025-08-01 Monthly 0.17 0% 1.35%
2025-06-23 2025-06-23 2025-07-01 Monthly 0.17 0% 1.42%
2025-05-23 2025-05-23 2025-06-02 Monthly 0.17 0% 1.45%
2025-04-23 2025-04-23 2025-05-01 Monthly 0.17 0% 1.44%
2025-03-24 2025-03-24 2025-04-01 Monthly 0.17 +13.3% 1.21%
2025-02-24 2025-02-24 2025-03-03 Monthly 0.15 0% 1.07%
2025-01-23 2025-01-23 2025-02-03 Monthly 0.15 0% 1.19%
2025-01-02 2025-01-02 2025-01-07 Monthly 0.15 0% 1.2%
2024-11-22 2024-11-22 2024-12-02 Monthly 0.15 +15.4% 1.22%
2024-10-25 2024-10-25 2024-11-01 Monthly 0.13 0% 1.03%
2024-09-23 2024-09-23 2024-10-01 Monthly 0.13 0% 1.01%
2024-08-23 2024-08-23 2024-09-03 Monthly 0.13 0% 1.07%
2024-07-23 2024-07-23 2024-08-01 Monthly 0.13 0% 1.06%
2024-06-24 2024-06-24 2024-07-01 Monthly 0.13 0% 1.09%
2024-05-22 2024-05-23 2024-06-03 Monthly 0.13 0% 1.05%
2024-04-22 2024-04-23 2024-05-01 Monthly 0.13 0% 1.12%
2024-03-21 2024-03-22 2024-04-01 Monthly 0.13 0% 1.06%
2024-02-22 2024-02-23 2024-03-01 Monthly 0.13 0% 1.07%
2024-01-22 2024-01-23 2024-02-01 Monthly 0.13 0% 1.04%
2023-12-21 2023-12-22 2024-01-02 Monthly 0.13 0% 1.03%
2023-11-22 2023-11-24 2023-12-01 Monthly 0.13 0% 1.14%
2023-10-25 2023-10-26 2023-11-01 Monthly 0.13 0% 1.3%
2023-09-21 2023-09-22 2023-10-02 Monthly 0.13 0% 1.02%
2023-08-22 2023-08-23 2023-09-01 Monthly 0.13 0% 1.07%
2023-07-20 2023-07-21 2023-08-01 Monthly 0.13 0% 1.03%
2023-06-22 2023-06-23 2023-07-03 Monthly 0.13 0% 1.05%
2023-05-19 2023-05-22 2023-06-01 Monthly 0.13 0% 1.18%
2023-04-20 2023-04-21 2023-05-01 Monthly 0.13 0% 1.11%
2023-03-20 2023-03-21 2023-04-03 Monthly 0.13 0% 1.13%
2023-02-17 2023-02-21 2023-03-01 Monthly 0.13 0% 0.94%
2023-01-20 2023-01-23 2023-02-01 Monthly 0.13 0% 0.9%
2022-12-22 2022-12-23 2023-01-03 Monthly 0.13 0% 1.02%
2022-11-18 2022-11-21 2022-12-01 Monthly 0.13 0% 1.04%
2022-10-20 2022-10-21 2022-11-01 Monthly 0.13 0% 1.11%
2022-09-22 2022-09-23 2022-10-03 Monthly 0.13 0% 0.9%
2022-08-19 2022-08-22 2022-09-01 Monthly 0.13 0% 0.81%
2022-07-21 2022-07-22 2022-08-01 Monthly 0.13 0% 0.8%
2022-06-23 2022-06-24 2022-07-01 Monthly 0.13 0% 0.86%
2022-05-20 2022-05-23 2022-06-01 Monthly 0.13 0% 0.81%

DX Dividend FAQ

What is the Dividend Yield of DX?

As of July 2026, DX's dividend yield is 15.63%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.04 USD by the current share price of 13.15.

Does DX pay a dividend?

As of July 2026, DX paid a dividend of 2.04 USD in the last 12 months. The last dividend was paid on 2026-06-22 and the payout was 0.17 USD.

How often does DX pay dividends?

DX pays dividends monthly. Over the last 12 months, DX has issued 12 dividend payments. The last dividend payment was made on 2026-06-22.

DX dividend forecast

Based on historical data, the forecasted dividends per share for DX for the next payments are between 0.17 (+0.0%) and 0.171 (+0.6%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 15.5%.

Will DX pay dividends in 2026?

The latest dividend paid per share was 0.17 USD with an Ex-Dividend Date of 2026-06-22. The next Ex-Dividend date for Dynex Capital (DX) is currently unknown.

What is the next Ex-Dividend Date for DX?

The next Ex-Dividend date for Dynex Capital (DX) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of DX?

DX's average dividend growth rate over the past 5 years is 7.60% per year. Strong growth: DX's dividend growth is outpacing inflation.

What is the Yield on Cost of DX?

DX's 5-Year Yield on Cost is 20.9%. If you bought DX's shares at 9.78 USD five years ago, your current annual dividend income (2.04 USD per share, trailing 12 months) equals 20.9% of your original purchase price.

What is the Payout Consistency of DX?

DX Payout Consistency is 98.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Dynex Capital has a strong track record of consistent dividend payments over its lifetime.

Does DX have a good Dividend Yield?

DX's 15.63% Dividend Yield is considered as extremely high. Investors should watch out for NAV decline.

What is the Dividend Payout Ratio of DX?

The Dividend Payout Ratio of DX is 35.1%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of DX?

DX's Overall Dividend Rating is 80.08%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

DX Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in DX's Outstanding Shares?

Dynex Capital's outstanding shares have increased by approximately 74.32% annually over the past 3 years (Trend Reliability: 100.0%). Significant dilution: Heavy share issuance is diluting existing shareholders. Even if total dividends paid increase, your dividend per share may stagnate or decline.

Has DX ever had a Stock Split?

Yes, the last stock split was on Jun 21, 2019 with a ratio of 1:3. This was a reverse split: Multiple shares were consolidated into fewer shares, increasing the price per share. This is sometimes used to meet exchange listing requirements and can be a warning sign if the company is struggling.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1988 2,408,000 0%
1989 2,408,000 0%
1990 2,255,000 -6.35%
1991 2,259,000 +0.18%
1992 2,755,000 +21.96%
1993 3,270,000 +18.69%
1994 3,305,000 +1.07%
1995 6,638,100 +100.85%
1996 1,337,000 -79.86%
1997 3,799,000 +184.14%
1998 3,836,000 +0.97%
1999 3,806,600 -0.77%
2000 3,792,300 -0.38%
2001 3,625,000 -4.41%
2002 3,625,000 0%
2003 3,654,000 +0.8%
2004 4,477,800 +22.55%
2005 4,048,000 -9.6%
2006 3,912,500 -3.35%
2007 4,496,000 +14.91%
2008 4,057,000 -9.76%
2009 6,146,000 +51.49%
2010 7,062,500 +14.91%
2011 13,155,500 +86.27%
2012 18,106,000 +37.63%
2013 18,136,000 +0.17%
2014 18,245,300 +0.6%
2015 16,433,000 -9.93%
2016 16,383,700 -0.3%
2017 17,799,600 +8.64%
2018 20,290,000 +13.99%
2019 22,946,000 +13.09%
2020 23,262,000 +1.38%
2021 36,730,000 +57.9%
2022 48,541,000 +32.16%
2023 57,304,000 +18.05%
2024 81,705,500 +42.58%
2025 157,213,700 +92.42%
2026 200,084,300 +27.27%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-08 02:37 UTC