Loading...
•
Jun 30, 2023
Dynex Capital Q2 2023 Earnings Report
Dynex Capital reported financial results for the second quarter of 2023.
Key Takeaways
Dynex Capital reported a total economic return of $0.79 per common share, an increase in book value per common share to $14.20, and declared dividends of $0.39 per common share for the second quarter of 2023. The company purchased $2.2 billion of higher coupon Agency residential mortgage-backed securities during the quarter and maintained liquidity in excess of $561.5 million.
Total economic return of $0.79 per common share, or 5.7% of beginning book value.
Book value per common share increased $0.40 to $14.20 as of June 30, 2023.
Dividends declared of $0.39 per common share for the second quarter of 2023.
Purchased $2.2 billion of higher coupon Agency residential mortgage-backed securities during the second quarter.
Forward Guidance
The company is focused on protecting book value through disciplined risk management while its net interest earnings continue to be impacted by increasing borrowing costs.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...