Dynex Capital Inc at Asbury Investor Relations & Stockperks Shareholder Equity Conference (Virtual) Transcript

Sep 18, 2023 / 06:00PM GMT
Eric Martin Beder - Small Cap Consumer Research, LLC - CEO & Consumer Analyst

Good afternoon. My name is Eric Beder. I'm an equity analyst with the Small Cap Consumer Research. We're a leading company-sponsored research shop. It is a pleasure to welcome you here to the SHARE Series for our introduction to Dynex Capital. Dynex is a timely and interesting investment opportunity with attractive yield, and we believe the upside potential. It's been a public company for over 30 years, and it trades as the symbol DX on the New York Stock Exchange. It also has a preferred stock it trades to. It operates within the mortgage REIT sector and has been investing in residential and commercial markets. The current dividend yield is approximately 12%.

With me today is Byron Boston. He is the Co-CEO -- excuse me, I apologize. He is the CEO, Co-Chief Investment Officer and Board member on Dynex. His team has built an impressive track record of performance across a variety of environments, producing industry-leading returns since 2019. Byron, it's a pleasure to have you here.

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