Dynex Capital, Inc. (NYSE: DX) announced today the Company’s Board of Directors declared a cash dividend of $0.13 per common share for June 2021. The dividend is payable on July 1, 2021 to shareholders of record on June 21, 2021.
The dollar edged higher in early European trade Tuesday, but activity remains subdued ahead of this week’s key U.S. inflation release after Friday’s lackluster payrolls number. Friday’s U.S. nonfarm payrolls release showed an increase of 559,000 jobs last month after a revised 278,000 gain in April, below the 650,000 gain expected. While this softer-than-expected release eased the immediate pressure on the Federal Reserve to rein in its ultra-easy monetary policies, there still remain concerns that the central bank will shortly start discussing tapering asset purchases given the high levels of inflation.