Grab This Bargain 16.6% Yielder Even Cheaper Than Co-CEO and President Popenoe Did

There’s an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on September 26, Dynex Capital Inc’s Co-CEO and President, Smriti Laxman Popenoe, invested $51,784.08 into 4,260 shares of DX, for a cost per share of $12.16. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money.

In trading on Wednesday, bargain hunters could buy shares of Dynex Capital Inc (Symbol: DX) and achieve a cost basis even cheaper than Popenoe, with shares changing hands as low as $12.05 per share. Dynex Capital Inc shares are currently trading up about 1.8% on the day. The chart below shows the one year performance of DX shares, versus its 200 day moving average:

Looking at the chart above, DX’s low point in its 52 week range is $10.79 per share, with $14.52 as the 52 week high point — that compares with a last trade of $12.35. By comparison, below is a table showing the prices at which DX insider buying was recorded over the last six months:

The current annualized dividend paid by Dynex Capital Inc is $2.04/share, currently paid in monthly installments, and its most recent dividend ex-date was on 09/22/2025. Below is a long-term dividend history chart for DX, which can be of good help in judging whether the most recent dividend with approx. 16.6% annualized yield is likely to continue.

Click here to find out which 9 other dividend bargains you can buy cheaper than insiders »

Also see:

? Funds Holding OII
? TEL 13F Filers
? AWAY Insider Buying

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.