Shares of Dynex Capital Inc (DX) were yielding above 16% based on its monthly dividend of $2.04, with the stock trading as low as $12.73. Dividends are important for investors, historically providing a significant portion of total returns. Consider that $10.77 per share in dividends collected over time increased returns to 13.15%. However, dividend amounts are not always predictable and depend on company profitability. DX is a member of the Russell 3000, making it one of the largest companies on U.S. stock markets. Check out other dividend stocks on sale and stay informed with the Preferred Stock Ex-Dividend Calendar.
Read more at Nasdaq: DX Breaks Above 16% Yield Territory
