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Dynex Capital

#5467

Rank

$912.18M

Marketcap

US United States

Country

Dynex Capital
Leadership team

Mr. Byron L. Boston (CEO, Co-Chief Investment Officer & Director)

Ms. Smriti Laxman Popenoe C.F.A. (Pres & Co-Chief Investment Officer)

Mr. Robert S. Colligan CPA (Exec. VP, CFO & Sec.)

Products/ Services
Commercial Real Estate, Lending, Real Estate Investment
Headquarters
Glen Allen, Virginia, United States
Established
1987
Company Registration
SEC CIK number: 0000826675
Net Income
100M - 500M
Revenue
100M - 500M
Traded as
DX
Overview
Location
Summary
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. The company was incorporated in 1987 and is headquartered in Glen Allen, Virginia.
History

Dynex Capital was founded in 1988 and the company’s first investment was in a joint venture with General Electric Capital Corporation to make loans to the multifamily housing industry. In the late 1990's and early 2000’s Dynex began investing in commercial mortgage backed securities and government sponsored enterprises such as Fannie Mae and Freddie Mac. Through the early 2000’s Dynex also began to invest in residential mortgage backed securities. In 2004, Dynex began to invest in non-agency mortgage backed securities.

Mission
Our mission is to provide our shareholders with attractive risk-adjusted returns through active management of our investment portfolio.
Vision
Our vision is to become a premier mortgage REIT and a leader in the specialty finance arena.
Key Team

Ms. Alison G. Griffin (VP of Investor Relations)

Mr. Wayne E. Brockwell (Sr. VP of Portfolio)

Mr. Jeffrey L. Childress (VP & Controller)

Recognition and Awards
Dynex Capital has been the recipient of numerous awards throughout the years including 'Most Innovative Mortgage Activity' at the Global Alpha Awards in 2006, 'Best Overall RMBS Investment Program' at the Mortgage & Asset-Backed Securities Awards in 2007 and 'Best Overall Mortgage-Backed Securities Program' at the Risk Magazine Awards in 2008.
References
Dynex Capital
Leadership team

Mr. Byron L. Boston (CEO, Co-Chief Investment Officer & Director)

Ms. Smriti Laxman Popenoe C.F.A. (Pres & Co-Chief Investment Officer)

Mr. Robert S. Colligan CPA (Exec. VP, CFO & Sec.)

Products/ Services
Commercial Real Estate, Lending, Real Estate Investment
Headquarters
Glen Allen, Virginia, United States
Established
1987
Company Registration
SEC CIK number: 0000826675
Net Income
100M - 500M
Revenue
100M - 500M
Traded as
DX