Dynex Capital has launched a 9.375% Series D Cumulative Preferred Stock (DXPRD) trading OTC with a yield near 9.5%, offering a higher current yield than peers like AGNCZ and NLY-J. The stock benefits from Dynex's agency-backed portfolio, which reduces credit risk, but the company's high leverage makes it sensitive to interest rate changes and basis spread widening, especially during monetary tightening. The analyst plans to accumulate DXPRD after listing, anticipating potential price dips to provide a better entry point compared to similar mREIT preferred stocks.
Dynex Capital's new preferred stock IPO offers a yield near 9.5%, standing out in the current market. For readers following the Financials sector, here is Pluang's market snapshot as of Sep 30, 2026 18:11 WIB: out of 85 priced US stocks, 41 rose and 37 fell. Notable movers include APO at USD 120.64 with a +1.38% change and a typical hold time of 67 days, MRSH at USD 168.73 down -0.99% with 100% buy order activity, and COIN at USD 191.75 up +0.91% with 61% buy order activity and a 78-day hold time.
Clean Harbors Co-CEO Gerstenberg has sold 2,500 shares of the company. Insider sales like this can indicate personal financial decisions or views on the company’s stock value. Investors often watch such moves for clues about company prospects, though...
A KeyBank survey reveals that 33% of small business owners have reduced their own income to manage rising costs without raising prices for customers. Despite inflation pressures, 88% remain motivated by the original dream that started their business,...
Concentrix Corporation reported a 1.2% year-over-year decline in Q3 FY26 revenue to $2.45 billion, missing analyst estimates. The company took a significant $1 billion goodwill impairment charge, reflecting challenges in profitability with an operati...
CoinShares faced a tough first half of FY26 with revenue and EBITDA declines due to falling digital asset prices and changing product mix. Asset Management revenue dropped 32.9% year-over-year to $40 million as assets under management (AuM) fell to $...
1919 Investment Counsel, a subsidiary of Stifel Financial, has been ranked No. 33 nationally on Barron's 2026 Top 100 Registered Investment Advisor (RIA) Firms list for the seventh consecutive year. This recognition reflects the firm's strong commitm...
