Dynex Capital (DX) Announces 3.5M Share Public Offering of Common Stock
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Price: $12.75 +0.08%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 15.9%
EPS Growth %: +60.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 15.9%
EPS Growth %: +60.0%
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Dynex Capital, Inc. (NYSE: DX) (the “Company”) announced today that it intends to make a public offering of 3,500,000 shares of its common stock. In connection with the offering, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 525,000 shares of its common stock.
J.P. Morgan and JMP Securities are acting as joint book-running managers for the offering.
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