<SEC-DOCUMENT>0001225385-19-000002.txt : 20190111
<SEC-HEADER>0001225385-19-000002.hdr.sgml : 20190111
<ACCEPTANCE-DATETIME>20190111162835
ACCESSION NUMBER:		0001225385-19-000002
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20190101
FILED AS OF DATE:		20190111
DATE AS OF CHANGE:		20190111

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Stevens David H.
		CENTRAL INDEX KEY:			0001764420

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09819
		FILM NUMBER:		19522573

	MAIL ADDRESS:	
		STREET 1:		C/O DYNEX CAPITAL, INC.
		STREET 2:		4991 LAKE BROOK DRIVE, SUITE 100
		CITY:			GLEN ALLEN
		STATE:			VA
		ZIP:			23060

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DYNEX CAPITAL INC
		CENTRAL INDEX KEY:			0000826675
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				521549373
		STATE OF INCORPORATION:			VA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		4991 LAKE BROOK DRIVE
		STREET 2:		STE 100
		CITY:			GLEN ALLEN
		STATE:			VA
		ZIP:			23060
		BUSINESS PHONE:		8042175800

	MAIL ADDRESS:	
		STREET 1:		4991 LAKE BROOK DRIVE
		STREET 2:		STE 100
		CITY:			GLEN ALLEN
		STATE:			VA
		ZIP:			23060

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RESOURCE MORTGAGE CAPITAL INC/VA
		DATE OF NAME CHANGE:	19930722

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RESOURCE MORTGAGE INVESTMENT CORP
		DATE OF NAME CHANGE:	19930505

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RAC MORTGAGE INVESTMENT CORP /VA/
		DATE OF NAME CHANGE:	19930505
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2019-01-01</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000826675</issuerCik>
        <issuerName>DYNEX CAPITAL INC</issuerName>
        <issuerTradingSymbol>DX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001764420</rptOwnerCik>
            <rptOwnerName>Stevens David H.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O DYNEX CAPITAL, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>4991 LAKE BROOK DRIVE, SUITE 100</rptOwnerStreet2>
            <rptOwnerCity>GLEN ALLEN</rptOwnerCity>
            <rptOwnerState>VA</rptOwnerState>
            <rptOwnerZipCode>23060</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <footnotes></footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>Alison G. Griffin, attorney-in-fact</signatureName>
        <signatureDate>2019-01-11</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>poa_davidstevens.txt
<DESCRIPTION>DAVID STEVENS POWER OF ATTORNEY
<TEXT>
SECTION 16
POWER OF ATTORNEY


I, David H. Stevens, do hereby
constitute and appoint Stephen J.
Benedetti, Alison G. Griffin,
Susan S. Ancarrow and Elizabeth
P. Davis my true and
lawful attorneys-in-fact, any
of whom acting singly is hereby
authorized, for me and in my
name and on my behalf as a
director, officer and/or
shareholder of Dynex Capital,
Inc., to (i) prepare,
execute in my name
and on my behalf, and submit
to the U.S. Securities and
Exchange Commission (the "SEC")
a Form ID, including any
necessary amendments thereto,
and any other documents necessary
or appropriate to obtain or update
codes and passwords enabling me
to make electronic filings with
the SEC of reports required by
Section 16(a) of the Securities
Exchange Act of 1934 or any rule
or regulation of the SEC in
respect thereof; and (ii)
prepare, execute and file any
and all forms, instruments or
documents, including any necessary
amendments thereto, as such
attorneys or attorney deems
necessary or advisable to enable
me to comply with Section 16
of the Securities Exchange Act
of 1934 or any rule or regulation
of the SEC in respect thereof
(collectively, "Section 16").

I do hereby ratify and confirm
all acts my said attorney shall
do or cause to be done by virtue
hereof.  I acknowledge that
the foregoing attorneys-in-fact,
serving in such capacity at my
request, are not assuming, nor
is Dynex Capital, Inc.
assuming, any of my responsibilities
to comply with Section 16.

This power of attorney shall
remain in full force and effect
until it is revoked
by the undersigned in a signed
writing delivered to each such
attorney-in-fact or the
undersigned is no longer required
to comply with Section 16,
whichever occurs first.

WITNESS the execution hereof
this 5th day of January, 2019.


/s/ David H. Stevens
David H. Stevens


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
