Dynex Capital, Inc. (DX) Stock Split History

Dynex Capital, Inc. has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on May 27, 1997 with the ratio of 2-for-1, meaning that for 1 share of DX owned pre-split, shareholders then owned 2 shares. 2 more splits have been implemented since then. The most recent stock split took place on June 21, 2019 on a 1-for-3 basis.

These splits have increased DX stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Dynex Capital, Inc.'s total market capitalization.

For more detailed information of Dynex Capital, Inc.'s stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Dynex Capital, Inc. has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when DX stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Dynex Capital, Inc.'s board of directors. Typically, no action is taken until its price per share reaches a specific threshold.