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Dynex Capital declares 1st monthly common stock dividend

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Dynex Capital declares 1st monthly common stock dividend

The board of Dynex Capital Inc. declared a cash dividend of 6 cents per common share for January.

The dividend will be paid Jan. 31 to shareholders of record as of Jan. 18. The monthly dividend is in addition to the quarterly dividend that will also be paid Jan. 31.

The real estate investment trust previously announced that it will declare common stock dividends on a monthly basis, rather than quarterly, starting in 2019.