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Dynex Capital raises $120 million in Series D preferred stock offering at 9.375% rate to reshape capital structure.

PUBLIC · DXSep 25, 2026

Amount Raised

$120 Million

Round Type

Post-IPO Equity

Glen AllenFinancial ServicesReal EstateFinanceLending

Description

Dynex Capital completed a $120 million Series D preferred stock issuance carrying a 9.375% coupon rate. The financing is designed to reshape the company's funding costs and capital structure. The preferred shares will impact how earnings are distributed to common shareholders. Dynex Capital stock has delivered a 49.6% return over the past three years and currently trades at approximately 6.6x earnings.

Quick answer

Dynex Capital raised $120 Million in a Post-IPO Equity round, dated September 25, 2026. Dynex Capital is based in Glen Allen, Virginia, United States.

How much did Dynex Capital raise?
Dynex Capital raised $120 Million in a Post-IPO Equity round on September 25, 2026.
What does Dynex Capital do?
Dynex is a financial services company committed to ethical stewardship of stakeholders' capital, expert risk management, disciplined capital allocation, and social responsibility.
Where is Dynex Capital based and how big is it?
Dynex Capital is based in Glen Allen, Virginia, United States. Fundz records about 11 employees.
Who are the decision-makers at Dynex Capital?
Fundz holds 1 contact at Dynex Capital, including the Senior Vice President. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Dynex Capital

Location

140 Eastshore Drive

Glen Allen, Virginia, United States

About

Dynex is a financial services company committed to ethical stewardship of stakeholders' capital, expert risk management, disciplined capital allocation, and social responsibility. We generate dividend income and long-term total returns through the financing of real estate assets, and by doing so, support the growth and revitalization of communities in the United States. Our goal is to manage our capital to provide shareholders with attractive and consistent risk-adjusted returns over the long term.

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Related People

1 contact
Verified contactsWayne B., Senior Vice PresidentSee plans and pricing
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Dynex Capital raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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