Director and Chairperson Thomas B. Akin Notifies Dynex Capital, Inc. His Decision Not to Stand for Re-Election to Board of Directors
March 20, 2017 at 03:56 pm EDT
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On March 15, 2017, director and Chairperson Thomas B. Akin notified the Board of Directors of Dynex Capital, Inc. of his decision not to stand for re-election to Dynex's Board of Directors at the 2017 annual meeting of shareholders currently scheduled for May 16, 2017. Mr. Akin will continue to serve as a director of Dynex through the end of his current term, which ends at the annual meeting.
Dynex Capital, Inc. is an internally managed mortgage real estate investment trust (REIT), which invests in mortgage-backed securities (MBS). The Companyâs objective is to provide attractive risk-adjusted returns to its shareholders over the long term that are reflective of a leveraged, high quality fixed income portfolio with a focus on capital preservation. The Company seeks to provide returns to its shareholders primarily through the payment of regular dividends and through capital appreciation of its investments. The Company primarily invested in Agency MBS, including residential MBS (Agency RMBS). Its investment portfolio also comprised of Agency commercial MBS (Agency CMBS) and Agency and non-Agency CMBS interest-only (CMBS IO) securities.
DYNEX CAPITAL, INC. 
