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Dynex Capital prices 4,800,000 shares of 9.375% Series D preferred stock for USD 120 million
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Dynex Capital prices 4,800,000 shares of 9.375% Series D preferred stock for USD 120 million
  • Dynex Capital priced a public offering of 4,800,000 shares of 9.375% Series D Fixed-Rate Cumulative Redeemable Preferred Stock.
  • Gross proceeds expected at USD 120 million; underwriters hold a 30-day option for up to 720,000 additional shares.
  • Liquidation preference set at USD 25 per share; closing targeted for Sept. 29, 2026, subject to customary conditions.
  • Net proceeds earmarked for acquiring Agency and other investment securities, funding general corporate purposes.
  • Preferred shares expected to list on the NYSE under the symbol DXPRD.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dynex Capital Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260922645153) on September 22, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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