---
schema_version: "secwatch.filing_event.v1"
accession: "0000826675-25-000006"
form_type: "8-K"
ticker: "DX"
cik: "0000826675"
company_name: "DYNEX CAPITAL INC"
filed_at: "2025-01-27T23:59:59+00:00"
generated_at: "2026-05-27T09:49:01.711073+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dynex Capital Q4 net income $0.61/sh, book value $12.70; monthly dividend raised to $0.15

## Summary
- Q4 net income $49.2M ($0.61 basic, $0.60 diluted); full-year net income $106.2M ($1.50/sh).
- Book value per common share $12.70 (down from $13.31 Dec 2023); total economic return 1.0% for Q4, 7.4% for 2024.
- Monthly common dividend increased from $0.13 to $0.15 starting Nov 2024; Q4 div $0.43/sh, FY 2024 $1.60/sh.
- Raised $64.4M via ATM equity in Q4; total 2024 equity raise $332.0M net; leverage 7.9x; liquidity $658.3M.
- T.J. Connelly promoted to Chief Investment Officer; previously SVP Strategy and Research since 2023.

## SEC filing metadata
- accession: 0000826675-25-000006
- form_type: 8-K
- ticker: DX
- cik: 0000826675
- company_name: DYNEX CAPITAL INC
- filed_at: 2025-01-27T23:59:59+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/826675/000082667525000006/0000826675-25-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/826675/000082667525000006/dx-20250127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000826675-25-000006
- JSON: https://secwatch.observer/filing/0000826675-25-000006.json
- Plain text: https://secwatch.observer/filing/0000826675-25-000006.txt

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