Dynex Capital, 8.50% Series A Cumulative Redeemable Preferred Stock

2/13/2020 The Company announced today that it will redeem all 2,300,000 of its outstanding Series A Preferred Stock, representing an aggregate liquidation value of $57.5 million, on March 14, 2020 (the “Redemption Date”). The Series A Preferred Stock will be redeemed at the redemption price of $25.00 per share, plus $0.34826 in accumulated and unpaid dividends, for an aggregate redemption price of $25.34826 per share. Dividends will cease to accrue on the Series A Preferred Stock as of the Redemption Date.
Checkbox IconRedeemed 03/14/2020
DX-A
DX
07/27/2012
07/31/2017
None
2,000,000
300,000
8.50%
$25.00
Yes
No
0.531
MAR, JUN, SEP, DEC
28
JAN, APR, JUL, OCT
15
NR
C
WR