---
schema_version: "secwatch.filing_event.v1"
accession: "0000826675-24-000002"
form_type: "8-K"
ticker: "DX"
cik: "0000826675"
company_name: "DYNEX CAPITAL INC"
filed_at: "2024-01-29T23:59:59+00:00"
generated_at: "2026-06-06T16:15:29.091541+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dynex Capital Q4 total economic return $1.45/share, book value up to $13.31

## Summary
- Total economic return of $1.45 per common share (11.8% of beginning book value) for Q4 2023; comprehensive income of $1.44 per share.
- Book value per common share increased to $13.31 at Dec 31, 2023 from $12.25 at Sept 30, 2023.
- Net income of $0.39 per common share for Q4; full year 2023 net loss of $(0.25) per share.
- Dividends declared of $0.39 per common share for Q4 and $1.56 for full year 2023.
- Leverage including TBA securities at cost was 7.8x shareholders' equity as of Dec 31, 2023.

## SEC filing metadata
- accession: 0000826675-24-000002
- form_type: 8-K
- ticker: DX
- cik: 0000826675
- company_name: DYNEX CAPITAL INC
- filed_at: 2024-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/826675/000082667524000002/0000826675-24-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/826675/000082667524000002/dx-20240129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000826675-24-000002
- JSON: https://secwatch.observer/filing/0000826675-24-000002.json
- Plain text: https://secwatch.observer/filing/0000826675-24-000002.txt

## Key facts
- Earnings Releases
  DYNEX CAPITAL INC reported the full year ended December 31, 2023 results: EPS $(0.25) per common share.
  - Period: the full year ended December 31, 2023
  - EPS: $(0.25) per common share
  - Result: reported results
  source text: comprehensive income of $0.16 per common share and net loss of $(0.25) per common share for the full year 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/826675/000082667524000002/0000826675-24-000002-index.htm
- Earnings Releases
  DYNEX CAPITAL INC reported the quarter ended December 31, 2023 results: EPS $0.39 per common share.
  - Period: the quarter ended December 31, 2023
  - EPS: $0.39 per common share
  - Result: reported results
  source text: Comprehensive income of $1.44 per common share and net income of $0.39 per common share for the fourth quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/826675/000082667524000002/0000826675-24-000002-index.htm

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