<SEC-DOCUMENT>0000826675-24-000112.txt : 20240829
<SEC-HEADER>0000826675-24-000112.hdr.sgml : 20240829
<ACCEPTANCE-DATETIME>20240829170342
ACCESSION NUMBER:		0000826675-24-000112
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240829
DATE AS OF CHANGE:		20240829

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DYNEX CAPITAL INC
		CENTRAL INDEX KEY:			0000826675
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		IRS NUMBER:				521549373
		STATE OF INCORPORATION:			VA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-09819
		FILM NUMBER:		241264611

	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

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BOSTON BYRON L
		CENTRAL INDEX KEY:			0001283563
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		144

	MAIL ADDRESS:	
		STREET 1:		4231 WALNUT RD
		CITY:			JACKSONVILLE
		STATE:			FL
		ZIP:			32257
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <!-- Generated by Workiva -->
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001283563</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0000826675</issuerCik>
      <issuerName>Dynex Capital, Inc.</issuerName>
      <secFileNumber>001-09819</secFileNumber>
      <issuerAddress>
        <com:street1>4991 Lake Brook Drive</com:street1>
        <com:street2>Suite 100</com:street2>
        <com:city>Glen Allen</com:city>
        <com:stateOrCountry>VA</com:stateOrCountry>
        <com:zipCode>23060</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>8042175800</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Byron L. Boston</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Officer</relationshipToIssuer>
        <relationshipToIssuer>Director</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>SEI Investments Company</name>
        <address>
          <com:street1>1 Freedom Valley Drive</com:street1>
          <com:city>Oaks</com:city>
          <com:stateOrCountry>PA</com:stateOrCountry>
          <com:zipCode>19456</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>17138</noOfUnitsSold>
      <aggregateMarketValue>215767.42</aggregateMarketValue>
      <noOfUnitsOutstanding>74707776</noOfUnitsOutstanding>
      <approxSaleDate>08/30/2024</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>08/01/2024</acquiredDate>
      <natureOfAcquisitionTransaction>Purchase of issuer securities from employee contributions, company match contributions, and dividend reinvestment through the Dynex Capital, Inc. 401(k) Plan.</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Open market</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>17138</amountOfSecuritiesAcquired>
      <paymentDate>08/01/2024</paymentDate>
      <natureOfPayment>See remarks</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <remarks>The proposed sale to which this Form 144 relates is being made in connection with the Dynex Capital, Inc. 401(k) Plan no longer offering Dynex Capital, Inc. common stock as an investment option. All such shares held by the filer through the Dynex Capital, Inc. 401 (k) Plan as of 08/30/2024 are proposed to be sold by the plan trustee. Aggregate Market Value is as of 08/29/2024 and Number of Shares Outstanding is as of 07/24/2024. The shares proposed to be sold were acquired by the filer through the Dynex Capital, Inc. 401(k) Plan in multiple transactions between 8/7/2019 and 08/01/2024 pursuant to participant investment elections, company match contributions, and dividend reinvestments under such plan.</remarks>
    <noticeSignature>
      <noticeDate>08/29/2024</noticeDate>
      <signature>Byron L. Boston</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
