Highest-materiality recent filing
Dynex Capital increases ATM share capacity by 80M to 301.3M shares
Amendment No. 10 raises total shares available under ATM program to 301,292,973, an increase of 80,000,000 shares.
Dynex Capital Q2 2026 economic return $0.81/share; book value up to $12.90
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.
Dynex Capital appoints Douglas Neal as independent director; board expands to 7
Douglas Neal appointed as independent director effective June 15, 2026; board size increased to seven.
Dynex Capital shareholders approve doubling authorized common shares to 720M
Shareholders approved amendment increasing authorized common stock from 360M to 720M shares.
Dynex Capital adds Goldman Sachs and Morgan Stanley as sales agents for ATM program
Amendment No. 9 adds Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC as agents under the existing distribution agreement.
Board approved $300M common stock repurchase program through April 30, 2028, replacing prior program.
Dynex Capital Q1 2026: economic return -$0.34/share, book value drops to $12.60
Total economic return of $(0.34) per common share, or (2.5)% of beginning book value.
Dynex Capital appoints Michael Sartori as CFO; Robert Colligan departs by mutual agreement
Michael Sartori appointed CFO effective Feb 26, 2026; previously Head of Capital Markets and FP&A since Oct 2019.
Dynex Capital increases ATM share authorization by 60M shares to 221.3M total
Amendment No. 8 boosts ATM capacity by 60M shares to 221,292,973; 67.4M remain unsold.
Dynex Capital Q4 2025 total economic return $1.29 per share; hires COO Meakin Bennett
Q4 2025 book value per share rose to $13.45 from $12.67; full-year comprehensive income $2.85 per share.
Director Joy Palmer will not stand for re-election at Dynex's 2026 annual meeting
Joy Palmer notified Dynex that she will not stand for re-election at the 2026 Annual Meeting.
Dynex Capital reaffirms REIT tax status and updates legal opinions in shelf registration
Elects to be taxed as a REIT; opinion from Morrison Foerster LLP confirms qualification for 2022-2024 and expected 2025.
Dynex Capital Q3 2025: Total economic return $1.23/share, BV $12.67, raises $254M
Total economic return of $1.23 per share (10.3% of beginning BV) from $0.72 BV increase + $0.51 dividends declared.
Dynex Capital boosts ATM share authorization by 61.9M to 161.3M total
Amendment No. 7 to distribution agreement increases ATM shares by 61,939,730 to 161,292,973 total.
Dynex Capital Q2 2025 net loss $0.14/share; book value $11.95; raised $282M in ATM equity
Net loss to common shareholders of $16.3M ($0.14 diluted EPS); comprehensive loss of $0.11/share.
Shareholders approved amendment to Articles of Incorporation to increase authorized common shares from 180M to 360M; effective May 21, 2025.
Dynex Capital ups ATM share authorization by 30M to 99.4M shares
Amendment adds 30M common shares to ATM program; total authorized now 99,353,243.
Dynex Capital Q1 net loss $0.06 per share; book value down to $12.56
Net loss of $4.999M ($0.06 diluted EPS); comprehensive income of $0.16 per common share.
Dynex Capital Q4 net income $0.61/sh, book value $12.70; monthly dividend raised to $0.15
Q4 net income $49.2M ($0.61 basic, $0.60 diluted); full-year net income $106.2M ($1.50/sh).
Dynex Capital files 8-K after Co-CEO's LinkedIn post contained misstated financial metrics
Co-CEO Byron Boston posted total capital and total assets on personal LinkedIn; both were misstatements of previously reported metrics.
Dynex Capital dismisses BDO as auditor, appoints EY for FY 2025
BDO dismissed effective after completing 2024 audit and filing 2024 10-K; no adverse opinions on 2022-2023 financials.
Dynex Capital expands ATM offering by 33.2M shares, adds five agents
Amendment No. 5 increases total ATM shares to 69,353,243; 35,468,000 remain available for issuance.
Dynex Capital Q3 economic return 7.1%, book value $13.00; monthly dividend raised to $0.15
Economic return $0.89 per common share (7.1% of beginning book value); book value $13.00 per share.
Dynex Capital promotes Popenoe to Co-CEO, appoints Colligan COO and new CTO
Smriti Popenoe named Co-CEO alongside Chairman Byron Boston; remains President and CIO.
Dynex Capital Q2: $0.31 economic loss per share, B/V $12.50, $124.7M equity raised
Total economic loss of $(0.31) per common share (2.4% of beginning book value); comprehensive loss of $(0.18) per share.
Dynex Capital prices 10.5M share offering at $11.88/share, net proceeds ~$124.5M
10.5M common shares priced at $11.88; underwriter has 30-day option to buy up to 1.575M additional shares.
Dynex Capital appoints Marie Chandoha to board; former CEO of Charles Schwab Investment Management
Marie Chandoha appointed as independent director effective June 1, 2024.
All six director nominees (Boston, Coronado, Crawford, Gray, Palmer, Popenoe) elected with over 25M votes for each.
Dynex Capital Q1: book value $13.20, economic return $0.28; announces $150M repurchase program
Book value per common share $13.20 (down from $13.31 at Dec 31); total economic return $0.28 per share (2.1% of beginning BV).
Dynex Capital appoints Andrew Gray and Alexander Crawford to board; Hughes and Salcetti resign
Andrew Gray and Alexander Crawford appointed as independent directors effective March 6, 2024.
Dynex Capital Q4 total economic return $1.45/share, book value up to $13.31
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.
Dynex Capital elects Bryon L. Boston as Chairman, combining CEO/Chair roles
Bryon L. Boston elected Chairman, becoming combined CEO and Chairman, effective Dec. 6, 2023.
Dynex Capital enters new employment agreements; CEO base $900K, President base $800K
New 3-year agreements for CEO Byron Boston and President Smriti Popenoe effective Oct 27, 2023.
Dynex Capital Q3 2023: $1.56 economic loss per share; book value drops to $12.25
Total economic loss of $(1.56) per common share; book value fell $1.95 to $12.25.
Dynex Capital reports Q3 2023 net loss of $0.82/sh; book value falls to $12.25
Total economic loss of $(1.56) per common share, or (11.0)% of beginning book value.
Dynex Capital appoints President and Co-CIO Smriti Popenoe to Board of Directors
Smriti L. Popenoe, current President and Co-CIO, appointed to Board effective Sept 8, 2023.
Dynex Capital Q2 net income $0.97 per share; book value $14.20
Book value per share up $0.40 to $14.20; total economic return $0.79 per share (5.7% of beginning book value).
All six director nominees elected with over 20 million votes for each; broker non-votes ~18.4 million.
Dynex Capital Q1 net loss $0.81/sh, book value falls to $13.80 from $14.73
Comprehensive loss of $(0.54) per common share; net loss $(0.81) per share.
Dynex Capital increases shares available for sale by 13M under distribution agreement
Amendment No. 4 to Distribution Agreement adds 13,000,000 common shares for sale.
Dynex Capital increases ATM equity offering capacity by 13M shares to 36.1M shares
Amendment No. 4 raises shares available for sale under distribution agreement from 23,117,622 to 36,117,622.
Dynex Capital Q4 2022 book value $14.73; full-year economic return negative 9.5%
Book value per common share $14.73 at Dec 31, 2022, down from $17.99 a year earlier.
Dynex Capital Q3 total economic loss of $(2.17)/share; book value falls to $14.23
Total economic loss of $(2.17)/common share, or (12.9)% of beginning book value.
Dynex Capital declares monthly $0.13 dividend; preliminary Q3 book value down to ~$14.30 from $16.79
Monthly common dividend of $0.13 per share declared for October 2022; payable Nov 1, 2022 to holders of record Oct 21, 2022.
Dynex Capital Q2 2022: net income $0.70/share, comprehensive loss $(0.85)/share, book value $16.79
Comprehensive loss of $(0.85) per common share; net income of $0.70 per share.
Dynex Capital: Robert Colligan named CFO effective Aug 5; Benedetti steps down after 28 years
Robert S. Colligan appointed EVP, CFO, and Secretary effective August 5, 2022, succeeding Stephen J. Benedetti.
Dynex Capital increases ATM share issuance capacity by 15M shares to 23.1M
Amendment No. 3 to existing distribution agreement ups authorized shares by 15,000,000.
Dynex Capital authorizes new $60M common and $30M preferred stock buyback program
Board authorized repurchase up to $60M of common stock and $30M of 6.900% Series C preferred stock.
Dynex Capital Q1 2022: comprehensive income $0.65/sh, book value $18.24
Net income $3.14 per common share; comprehensive income $0.65 per share.
Dynex Capital Q4 comprehensive loss $0.04/shr; full year income $0.53/shr; BV $17.99
Q4 comprehensive loss of $(0.04) per share vs Q3 income of $0.09; full year comprehensive income $0.53 per share.
On June 15, 2026, the Board of Directors (the “Board”) of Dynex Capital, Inc. (the “Company”) appointed Douglas Neal as an independent director of the Company, effective immediately.
Mr. Boston’s new title is Co-Chief Executive Officer and Chairman of the Board.
Also on July 18, 2024, the Board appointed Robert S. Colligan, the Company’s current Executive Vice President, Chief Financial Officer and Secretary, as the Company’s Chief Operating Officer, effective as of July 22, 2024.
On July 18, 2024, the board of directors (the “ Board ”) of Dynex Capital, Inc. (the “ Company ”) appointed Smriti L. Popenoe, the Company’s current President and Chief Investment Officer, as the Company’s Co-Chief Executive Officer and co-principal executive officer, effective as of July 22, 2024, to serve alongside Byron L. Boston, the Company’s current Chairman of the Board and Chief Executive Officer.
appointed Marie Chandoha as an independent director of the Company, effective June 1, 2024.
On March 11, 2024, the Board accepted the resignation of Board members Michael Hughes and Robert Salcetti, effective as of March 11, 2024.
On March 6, 2024, the Board of Directors (the “Board”) of Dynex Capital, Inc. (the “Company”) appointed Andrew Gray and Alexander Crawford as directors of the Company, effective as of March 6, 2024.
On March 11, 2024, the Board accepted the resignation of Board members Michael Hughes and Robert Salcetti, effective as of March 11, 2024.
On March 6, 2024, the Board of Directors (the “Board”) of Dynex Capital, Inc. (the “Company”) appointed Andrew Gray and Alexander Crawford as directors of the Company, effective as of March 6, 2024.
On September 8, 2023, the Board of Directors (the “Board”) of Dynex Capital, Inc. (the “Company”) appointed Smriti L. Popenoe as a director of the Company.
Stephen J. Benedetti, the Company’s Executive Vice President, Chief Financial Officer, Chief Operating Officer, Secretary, and principal financial officer will step down from his officer positions with the Company, effective as of the close of business on August 5, 2022.
the Board of Directors (the " Board ") of Dynex Capital, Inc. (the “ Company ”) approved the appointment of Robert S. Colligan as the Company’s Executive Vice President, Chief Financial Officer, and Secretary, effective as of the close of business on August 5, 2022.
Max materiality 0.80 · Median 0.60 · Most common event earnings