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Tuesday Is Your Last Chance To Buy Dynex Cap Before The Dividend Payout

Benzinga ·  11/17/2023 22:45

Tuesday marks the last chance for investors to receive the next dividend payout from Dynex Cap (NYSE:DX). What's HappeningThe company announced on Monday that it would pay shareholders a monthly dividend of 13 cents per share. On Wednesday, Dynex Cap will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 13 cents lower than it would have opened on any other day.In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday

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