---
schema_version: "secwatch.filing_event.v1"
accession: "0000826675-26-000074"
form_type: "8-K"
ticker: "DX"
cik: "0000826675"
company_name: "DYNEX CAPITAL INC"
filed_at: "2026-07-20T12:03:15+00:00"
generated_at: "2026-07-20T12:05:07.622677+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dynex Capital Q2 2026 economic return $0.81/share; book value up to $12.90

## Summary
- Total economic return of $0.81 per common share (6.4% of beginning book value); book value per share $12.90, up $0.30 from Q1.
- Net income and comprehensive income both $0.80 per common share; dividends declared $0.51 per share.
- Total investment portfolio grew 11% to $27.6B, driven by $2.8B of MBS purchases; raised $391M common equity via ATM.
- Leverage decreased to 8.1x equity from 8.6x; liquidity $1.6B (51% of total equity).
- Net interest income $93.8M, up from $79.3M in prior quarter; operating expenses down $5M QoQ.

## SEC filing metadata
- accession: 0000826675-26-000074
- form_type: 8-K
- ticker: DX
- cik: 0000826675
- company_name: DYNEX CAPITAL INC
- filed_at: 2026-07-20T12:03:15+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/826675/000082667526000074/0000826675-26-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/826675/000082667526000074/dx-20260720.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000826675-26-000074
- JSON: https://secwatch.observer/filing/0000826675-26-000074.json
- Plain text: https://secwatch.observer/filing/0000826675-26-000074.txt

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