Dynex Capital files preliminary prospectus for new Series D preferred stock; dividend rate and size not yet set

Filed September 22, 2026 · ~2 min read

Key Changes

• high

  Dynex Capital is offering a new Series D Fixed-Rate Cumulative Redeemable Preferred Stock with a $25.00 liquidation preference, but the dividend rate, number of shares, and price are left blank in this preliminary prospectus.

  The Offering verify on EDGAR →
• medium

  The Series D Preferred Stock is not redeemable by the company prior to October 15, 2031, except under limited tax-related circumstances.

  The Offering verify on EDGAR →
• medium

  Net proceeds from the offering will be used to finance the acquisition of Agency and other investment securities and for general corporate purposes, including repayment of maturing obligations, capital expenditures and working capital.

  Use of Proceeds verify on EDGAR →