Dynex CapitalDX +0.70%67 Dividend Yield % is 15.65% as of Jun. 24, 2026, which is 29% above its 10-year median of 12.12. GuruFocus rates DX with a GF Score™ of 67/100 and a GF Value™ of $19.66 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 874 REITs companies, Dynex Capital ranks better than 91.88% on this metric.
As of today (2026-06-24), the Trailing Annual Dividend Yield of Dynex Capital is 15.65%.
Good Sign:
Dynex Capital Inc stock Dividend Yield % is close to 5-year high.
The historical rank and industry rank for Dynex Capital's Dividend Yield % or its related term are showing as below:
DX'
s Dividend Yield % Range Over the Past 10 Years
Min: 7.92 Med: 12.12 Max: 20.82
Current: 15.65
During the past 13 years, the highest Dividend Yield of Dynex Capital was 20.82%. The lowest was 7.92%. And the median was 12.12%.
DX's Dividend Yield % is ranked better than 91.88% of 874
companies
in the REITs industry
Industry Median: 6.755
vs DX: 15.65
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Dynex Capital Inc is 1.21, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Dynex Capital was 1.58. The lowest was 0.24. And the median was 0.81.
During the past 12 months, Dynex Capital's average Dividends Per Share Growth Rate was 21.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 8.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 2.90% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -4.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Dynex Capital was 132.10% per year. The lowest was -10.40% per year. And the median was -2.40% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Dynex Capital (NYSE:DX) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
The historical data trend for Dynex Capital's Dividend Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Mortgage subindustry, Dynex Capital's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Dynex Capital Dividend Yield % vs REITs Industry
For the REITs industry and Real Estate sector, Dynex Capital's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Dynex Capital's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Dynex Capital Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.170000
2026-06-22
2026-06-22
2026-07-01
Cash Dividend
monthly
USD:USD 1.000000
USD 0.170000
2026-05-21
2026-05-21
2026-06-01
Cash Dividend
monthly
USD:USD 1.000000
USD 0.170000
2026-04-23
2026-04-23
2026-05-01
Cash Dividend
monthly
USD:USD 1.000000
USD 0.170000
2026-03-23
2026-03-23
2026-04-01
Cash Dividend
monthly
USD:USD 1.000000
USD 0.170000
2026-02-23
2026-02-23
2026-03-02
Cash Dividend
monthly
USD:USD 1.000000
USD 0.170000
2026-01-21
2026-01-21
2026-02-02
Cash Dividend
monthly
USD:USD 1.000000
USD 0.170000
2026-01-02
2026-01-02
2026-01-09
Cash Dividend
monthly
USD:USD 1.000000
USD 0.170000
2025-11-21
2025-11-21
2025-12-01
Cash Dividend
monthly
USD:USD 1.000000
USD 0.170000
2025-10-23
2025-10-23
2025-11-03
Cash Dividend
monthly
USD:USD 1.000000
USD 0.170000
2025-09-22
2025-09-22
2025-10-01
Cash Dividend
monthly
USD:USD 1.000000
USD 0.170000
2025-08-22
2025-08-22
2025-09-02
Cash Dividend
monthly
USD:USD 1.000000
USD 0.170000
2025-07-23
2025-07-23
2025-08-01
Cash Dividend
monthly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Dynex Capital's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
2.04
/
13.01
=
15.68 %
Current Share Price is $13.01. Dynex Capital's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.04.
Dynex Capital's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
2.04
/
13.01
=
15.68 %
Current Share Price is $13.01. Dynex Capital's Dividends per Share for the forward twelve months is calculated as $0.17 * 12 = $2.04.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Dynex Capital (DX) has a Dividend Yield % of 15.65% as of Jun. 24, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Dynex Capital and its competitors. This is 29% above median its historical median of 12.12. Over the past decade, Dynex Capital's Dividend Yield % has ranged from 7.92 to 20.82. According to the industry distribution chart, Dynex Capital ranks #71 out of 874 companies in the REITs industry, placing it in the top 8.1%.
Is Dynex Capital's Dividend Yield % too high?
Dynex Capital's current Dividend Yield % of 15.65% is 29% above median its 10-year median of 12.12. Over the past 10 years, this metric has ranged from a low of 7.92 to a high of 20.82. The REITs industry median Dividend Yield % is 6.76. Dynex Capital's value of 15.65% is 131.7% above this industry median. Based on the distribution chart, Dynex Capital ranks #71 out of 874 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Dynex Capital has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dynex Capital's Dividend Yield % compare to BXMT and ARR?
According to the REITs industry distribution chart, Dynex Capital ranks #71 out of 874 companies for Dividend Yield %. This places Dynex Capital in the top 8% of its industry — outperforming the majority of peers. The industry median Dividend Yield % is 6.76. Dynex Capital's value of 15.65% is 131.7% above this benchmark. Historically, Dynex Capital's own Dividend Yield % has ranged from 7.92 to 20.82 over the past decade. While the company's 10-year median is 12.12 vs. the industry median of 6.76, Dynex Capital has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a REITs company?
The median Dividend Yield % among REITs companies is 6.76, based on 874 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dynex Capital's current Dividend Yield % of 15.65% is 131.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Dynex Capital and its competitors. For the REITs industry, the median Dividend Yield % is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dynex Capital's current Dividend Yield % is 15.65%, which is 29% above median its own 10-year median of 12.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dynex Capital stock overvalued right now?
Based on GuruFocus' analysis, Dynex Capital (DX) is currently considered Significantly Undervalued. The stock's GF Value™ is $19.66, compared to a current price of $13.01 — trading 33.8% below its estimated fair value. The current Dividend Yield % is 15.65%, which is 29% above median its 10-year median of 12.12 and 131.7% above the REITs industry median of 6.76. Dynex Capital's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Dynex Capital (DX), the current Dividend Yield % is 15.65% as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dynex Capital (DX) Overvalued in 2026?
Based on GuruFocus' analysis, Dynex Capital stock appears to be undervalued.
The current stock price of $13.01 is trading 33.8% below its estimated GF Value™ of $19.66.
GuruFocus considers Dynex Capital to be Significantly Undervalued.
Key valuation signals for DX:
Dividend Yield %: 15.65% (29% above median its 10-year median of 12.12)
GF Value™: $19.66 vs. price of $13.01 (33.8% below fair value)
Industry Position: 131.7% above the REITs median (#71 of 874)
No single metric tells the full story. See the DX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dynex Capital Inc is a real estate investment trust (REIT) focused on delivering dividends supported by long term returns from investments in mortgage assets backed by U.S. housing and commercial real estate. The Company is internally managed and mainly invests in residential and commercial mortgage-backed securities (RMBS and CMBS), which are Agency securities guaranteed by U.S. government-sponsored enterprises (GSEs). It manages interest rate, prepayment, spread, liquidity, and counterparty risks and operates through one reportable segment investing in MBS funded with repurchase agreements and equity.
67GF Score
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