Dynex Capital: A 17% Yield Looks Attractive, But Dividend Coverage Deserves Attention
· seekingalpha.com
Dynex Capital offers a 16.9% yield, but weak dividend coverage and 8.1x leverage raise risk despite a 6% book discount. Learn more about DX stock here.
Dynex Capital, Inc. ( DX ) is one of the highest-yielding mortgage REITs, but the current dividend still deserves scrutiny. The best scenario in the long run is...