---
schema_version: "secwatch.filing_event.v1"
accession: "0000826675-22-000002"
form_type: "8-K"
ticker: "DX"
cik: "0000826675"
company_name: "DYNEX CAPITAL INC"
filed_at: "2022-02-03T23:59:59+00:00"
generated_at: "2026-06-27T12:03:46.587840+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dynex Capital Q4 comprehensive loss $0.04/shr; full year income $0.53/shr; BV $17.99

## Summary
- Q4 comprehensive loss of $(0.04) per share vs Q3 income of $0.09; full year comprehensive income $0.53 per share.
- Earnings available for distribution (EAD) $0.45/shr in Q4, $1.97/shr for 2021; dividend declared $0.39/shr.
- Book value per share $17.99 at Dec 31, 2021, down $0.43 from Sept 30; estimated unchanged as of Jan 31, 2022.
- Raised $236.8M net equity in 2021 via ATM and offerings; leverage 5.8x equity, down from 6.3x year-end 2020.
- Net interest spread widened to 2.00% for 2021 from 1.77% in 2020; purchased $486.8M Agency RMBS pools vs TBAs.

## SEC filing metadata
- accession: 0000826675-22-000002
- form_type: 8-K
- ticker: DX
- cik: 0000826675
- company_name: DYNEX CAPITAL INC
- filed_at: 2022-02-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/826675/000082667522000002/0000826675-22-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/826675/000082667522000002/dx-20220203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000826675-22-000002
- JSON: https://secwatch.observer/filing/0000826675-22-000002.json
- Plain text: https://secwatch.observer/filing/0000826675-22-000002.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.