Dynex Capital, Inc. Announces Corrections to Previously Announced Dividends on Series C Preferred Stock

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) announced today a corrected dividend amount for the third quarter 2025 cash dividend on outstanding shares of its Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) (NYSE: DXPRC), originally declared on September 11, 2025. The corrected cash dividend of $0.64147 is payable on October 15, 2025, to holders of record as of October 1, 2025.

In addition, the Company announced a correction to the cash dividend per share on its Series C Preferred Stock for the second quarter of 2025. The dividend was originally declared on June 11, 2025, with payment made on July 15, 2025. The previously announced and paid amount of $0.62395 per share has been corrected to $0.63088. Shareholders of record as of July 1, 2025, will receive an additional $0.00693 per share on or about September 29, 2025.

About Dynex Capital

Dynex Capital delivers value at the intersection of capital markets and housing finance, using our expertise to transform residential real estate into compelling long-term yields for our shareholders. We are committed to ethical stewardship of stakeholders' capital, expert risk management, disciplined capital allocation, and social responsibility. We generate dividend income and long-term total returns through the financing of real estate assets, and by doing so, support the growth and vitality of housing communities in the United States. Dynex Capital operates as a real estate investment trust (REIT) and is internally managed to maximize stakeholder alignment. Additional information 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.