Dynex Capital, Inc. (DX-PC)

23.79 +0.14 (+0.59%) At close: 03:59PM EST

Dynex Capital, Inc.

4991 Lake Brook Drive
Suite 100
Glen Allen, VA 23060-9245
United States
804 217 5800
https://www.dynexcapital.com

Sector(s): Real Estate
Industry: REIT - Mortgage
Full-time employees: 19

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Byron L. Boston	CEO, Co-Chief Investment Officer & Director	2.75M	N/A	1959
Ms. Smriti Laxman Popenoe C.F.A.	President, Co-Chief Investment Officer & Director	2.17M	N/A	1969
Mr. Robert S. Colligan CPA	Executive VP, CFO & Secretary	992.6k	N/A	1971
Ms. Alison G. Griffin	Vice President of Investor Relations	N/A	N/A	N/A
Mr. Wayne E. Brockwell	Senior Vice President of Portfolio	N/A	N/A	N/A
Mr. Terrence J. Connelly CFA	Head of Strategy & Research	N/A	N/A	N/A
Mr. Jeffrey L. Childress	VP & Controller	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Dynex Capital, Inc., a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) on a leveraged basis in the United States. It invests in agency and non-agency MBS consisting of residential MBS, commercial MBS (CMBS), and CMBS interest-only securities. Agency MBS have a guaranty of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac. Non-Agency MBS have no such guaranty of payment. The company has qualified as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders as dividends. Dynex Capital, Inc. was incorporated in 1987 and is headquartered in Glen Allen, Virginia.

Corporate governance

Dynex Capital, Inc.’s ISS governance QualityScore as of 1 December 2023 is 3. The pillar scores are Audit: 6; Board: 2; Shareholder rights: 3; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.