Dynex Capital Management
Management criteria checks 0/4
Dynex Capital's CEO is Byron Boston, appointed in Jul 2024, has a tenure of less than a year. total yearly compensation is $6.18M, comprised of 13.8% salary and 86.2% bonuses, including company stock and options. directly owns 0.57% of the company’s shares, worth $5.43M. The average tenure of the management team and the board of directors is 0.2 years and 1 years respectively.
Key information
Byron Boston
Chief executive officer
US$6.2m
Total compensation
| CEO salary percentage | 13.8% |
| CEO tenure | less than a year |
| CEO ownership | 0.6% |
| Management average tenure | less than a year |
| Board average tenure | less than a year |
Recent management updates
Recent updates
Dynex Capital: I Am Getting A 13% Yield On My Last Buy
Aug 01Dynex: Maintaining Hold, Despite An Enhanced Asset-Liability Relationship
May 29Top Notch mREIT, 12.5% Yield: Dynex Capital
May 14Dynex Capital: Unfavorable Spread Changes Look Set To Occur
Feb 24Dynex Capital: This REIT Yields 12% And Is Poised To Outperform In 2024
Jan 15Dynex Capital: Short-Term Rate Support Incoming
Nov 08Dynex Capital: Reexamining That Dividend Cut Call
Nov 01Dynex Capital Is A High-Yield REIT With Substantial Risks
Sep 01Dynex Capital declares $0.13 dividend
Feb 13Dynex Capital Non-GAAP EPS of $0.03 misses by $0.16, Net interest income of $6.21M beats by $0.75M
Jan 30Dynex: The Commons Payout Is Stable, But Consider The Preferreds
Jan 23Dynex Capital declares $0.13 dividend
Jan 12Dynex Capital declares $0.13 dividend
Dec 13Dynex Capital declares $0.13 dividend
Nov 11Dynex Capital Q3 2022 Earnings Preview
Oct 21Dynex Capital declares $0.13 dividend
Oct 10Dynex Capital declares $0.13 dividend
Sep 13Dynex Vs PennyMac Preferred Shares: Is This A Free Lunch?
Sep 05Dynex Capital: This mREIT Pays Sustainable 9.54% Dividend Yield
Aug 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$5m |
| Mar 31 2024 | n/a | n/a | US$68m |
| Dec 31 2023 | US$6m | US$850k | -US$14m |
| Sep 30 2023 | n/a | n/a | US$5m |
| Jun 30 2023 | n/a | n/a | US$2m |
| Mar 31 2023 | n/a | n/a | -US$23m |
| Dec 31 2022 | US$4m | US$800k | US$135m |
| Sep 30 2022 | n/a | n/a | US$106m |
| Jun 30 2022 | n/a | n/a | US$167m |
| Mar 31 2022 | n/a | n/a | US$94m |
| Dec 31 2021 | US$4m | US$750k | US$91m |
| Sep 30 2021 | n/a | n/a | US$116m |
| Jun 30 2021 | n/a | n/a | US$141m |
| Mar 31 2021 | n/a | n/a | US$379m |
| Dec 31 2020 | US$4m | US$750k | US$160m |
| Sep 30 2020 | n/a | n/a | US$175m |
| Jun 30 2020 | n/a | n/a | US$97m |
| Mar 31 2020 | n/a | n/a | -US$217m |
| Dec 31 2019 | US$2m | US$700k | -US$166m |
| Sep 30 2019 | n/a | n/a | -US$299m |
| Jun 30 2019 | n/a | n/a | -US$236m |
| Mar 31 2019 | n/a | n/a | -US$101m |
| Dec 31 2018 | US$2m | US$700k | -US$5m |
| Sep 30 2018 | n/a | n/a | US$96m |
| Jun 30 2018 | n/a | n/a | US$81m |
| Mar 31 2018 | n/a | n/a | US$58m |
| Dec 31 2017 | US$2m | US$675k | US$23m |
Compensation vs Market: Byron's total compensation ($USD6.18M) is above average for companies of similar size in the US market ($USD3.24M).
Compensation vs Earnings: Byron's compensation has increased by more than 20% in the past year.
CEO
Byron Boston (65 yo)
less than a year
Tenure
US$6,177,239
Compensation
Mr. Byron L. Boston had been the Chief Executive Officer of Dynex Capital, Inc. since January 01, 2014 until July 22, 2024 and serves as its Co-CEO since July 22, 2024 and serves as its Chairman of the Boa...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-CEO & Chairman of the Board | less than a year | US$6.18m | 0.57% $ 5.4m | |
| Co-CEO, President | 3.8yrs | US$5.51m | 0.19% $ 1.8m | |
| Executive VP | 2.1yrs | US$2.14m | 0.030% $ 286.9k | |
| Chief Accounting Officer | less than a year | no data | 0.020% $ 185.7k | |
| Chief Technology Officer | less than a year | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior Vice President of Portfolio | no data | no data | no data | |
| Chief Risk Officer | less than a year | no data | no data | |
| Head of Strategy & Research | less than a year | no data | no data | |
| Controller | less than a year | no data | no data |
0.2yrs
Average Tenure
55yo
Average Age
Experienced Management: DX's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-CEO & Chairman of the Board | 12.5yrs | US$6.18m | 0.57% $ 5.4m | |
| Co-CEO, President | less than a year | US$5.51m | 0.19% $ 1.8m | |
| Independent Director | less than a year | no data | 0.013% $ 120.4k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | 0.013% $ 120.4k | |
| Lead Independent Director | 3.9yrs | US$216.55k | 0.040% $ 374.4k | |
| Independent Director | 3.9yrs | US$227.75k | 0.040% $ 374.4k |
1.0yrs
Average Tenure
58yo
Average Age
Experienced Board: DX's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.