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Dynex Capital said third-quarter book value declined 15.4% to $10.91 per share, with a negative total economic return of 11.4%. It also raised $116 million through a Series D preferred stock offering.
Dynex Capital reported Q3 2026 book value per common share of $10.91, inclusive of $0.51 in dividends. Leverage rose to 9.0x, and the portfolio grew about 3% to $28.3 billion after adding $3.2 billion of Agency MBS.