Dynex Capital reports 6.4% Q2 return, raises $391M equity, grows portfolio 11% to $27.6B

Filed July 20, 2026 · Period ending July 20, 2026 · ~1 min read

Key Changes

• high

  Book value per share rose $0.30 (2.4%) to $12.90 at June 30, 2026, from $12.60 at March 31, 2026, driven by $102M net gain on investment portfolio as Agency MBS spreads tightened late in quarter.

  Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →
• high

  Total economic return of $0.81/share (6.4% of beginning book value) comprised $0.30 book value increase and $0.51 declared dividend; comprehensive income and net income both $0.80/share.

  Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →
• high

  Raised $391M net equity through ATM program (approximately 30M shares) and deployed proceeds into $2.8B of Agency MBS purchases, expanding portfolio 11% to $27.6B (99.99% Agency securities).

  Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →