Forbes -
26 Dec 2012 20:56

On 12/27/12, Dynex Capital, Inc.'s 8.50% Series A Cumulative Redeemable Preferred Stock (NYSE: DX.PRA) will trade ex-dividend, for its quarterly dividend of $0.5312, payable on 1/15/13. As a percentage of DX.PRA's recent share price of $26.15, this dividend works out to approximately 2.03%, so look for shares of DX.PRA to trade 2.03% lower — all else being equal — when DX.PRA shares open for trading on 12/27/12. On an annualized basis, the current yield is approximately 8.22%, whic...
Share this Article