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Dynex Declares $0.29/Share Qtr. Dividend

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Bank of America Downgrades Dynex Capital To Underperform

Dynex Capital, Inc. (NYSE: DX) announced today that it will pay a dividend of $0.29 per common share for the fourth quarter of 2012 on January 31, 2013 to shareholders of record on December 31, 2012.

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