Company Website:
http://www.dynexcapital.com
GLEN ALLEN, Va. -- (Business Wire)
Dynex Capital, Inc. (NYSE: DX) today announced tax information on its
2012 Common Stock and Series A Preferred Stock dividends.
Dividend Tax Information
We are providing this information below to assist you in your tax
reporting requirements relating to the distribution as dividends of
taxable income by Dynex Capital, Inc. (“Dynex” or the “Company”). As
detailed below, dividends paid by Dynex on its Common Stock and Series A
Preferred Stock were in part ordinary taxable income and in part capital
gains. No portion of the dividends paid in 2012 were attributable to a
return of capital. The distributions of ordinary taxable income are not
eligible for the tax rate reductions enacted for qualified dividend
income under the Jobs and Growth Tax Relief Reconciliation Act of 2003
and are accordingly being reported as non-qualifying dividends.
Shareholders should review the 2012 tax statements and/or 1099s that
they receive from their brokerage firms in order to ensure that the
dividend distribution information reported on such statements conforms
to the information set forth in this notice.
The table below provides a summary of the tax information relating to
the quarterly dividend distributions of the Company for the 2012 tax
year:
Dynex Capital Common Stock (CUSIP 26817Q506)
Dividend
Record
Date |
| Payment
Date |
| Dividends per
Share |
| Ordinary
Income |
| Capital Gain
Distribution |
| Return of
Capital |
|
|
12/31/2012
| |
01/31/2013
| |
$0.2900
| |
$0.25234
| |
$0.03766
| |
$0.00000
| |
|
10/05/2012
| |
10/31/2012
| |
$0.2900
| |
$0.22983
| |
$0.06017
| |
$0.00000
| |
|
07/06/2012
| |
07/31/2012
| |
$0.2900
| |
$0.24813
| |
$0.04187
| |
$0.00000
| |
|
04/05/2012
| |
04/30/2012
| |
$0.2800
| |
$0.27355
| |
$0.00645
| |
$0.00000
|
|
| | | |
$1.1500
| |
$1.00385
| |
$0.14615
| |
$0.00000
|
|
Dynex Capital Series A Preferred Stock (CUSIP 26817Q704)
Dividend
Record
Date |
| Payment
Date |
| Dividends per
Share |
| Ordinary
Income |
| Capital Gain
Distribution |
| Return of
Capital |
|
|
10/01/2012
| |
10/15/2012
| |
$0.436810
| |
$0.34618
| |
$0.09063
| |
$0.00000
| |
Tax Disclaimer
The information above should not be construed as tax advice and is not a
substitute for careful tax planning and analysis. You should consult
your own tax advisor regarding the specific federal, state, local,
foreign and other tax consequences to you regarding your ownership of
shares of the Company’s Common and Preferred stock.
Dynex Capital, Inc. is an internally managed mortgage real estate
investment trust, or mortgage REIT, which invests in mortgage assets on
a leveraged basis. The Company invests in Agency and non-Agency RMBS and
CMBS. The Company also has investments in securitized single-family
residential and commercial mortgage loans originated or purchased by the
Company during the 1990s. Additional information about Dynex Capital,
Inc. is available at www.dynexcapital.com.
Contacts:
Dynex Capital, Inc.
Alison Griffin, 804-217-5897
Source: Dynex Capital, Inc.