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Dynex Capital, Inc. Announces Appointment of Thomas Akin as Chief Executive Officer; Declaration of Common Dividend of $0.10 Per Common Share; and Sale of Tax Liens for $1.625 Million.

Publication: Business Wire
Publication Date: 05-FEB-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
GLEN ALLEN, Va. -- Dynex Capital, Inc. (NYSE: DX) today announced that the Board of Directors has appointed Thomas B. Akin, Chairman, as Chief Executive Officer of the Company effective immediately. Mr. Akin will also remain Chairman of the Board after the appointment. The Company also announced that the Board of Directors declared a dividend of $0.10 per common share, payable on February 29, 2008, to shareholders of record as of February 15, 2008. Finally,...

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