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Dynex Capital, Inc Promotes Smriti L Popenoe to President – IT Business Net
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Dynex Capital, Inc Promotes Smriti L Popenoe to President
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Dynex Capital, Inc. Promotes Smriti L. Popenoe to President
By
Staff
3 months ago
GLEN ALLEN, Va.–(BUSINESS WIRE)–Dynex Capital, Inc. (NYSE: DX) announced today the promotion of Smriti L. Popenoe to President, effective immediately. Ms. Popenoe’s 27-year career in finance and capital markets spans a broad range of financial institutions with experience across multiple business and market cycles. She spent the last six years at Dynex Capital, Inc., serving as Executive Vice President, Co-Chief Investment Officer. Ms. Popenoe will retain her Co-Chief Investment Officer duties.
“I am excited to congratulate Smriti on her promotion to President of Dynex Capital. We have worked together over the last 23 years, and she has been a part of Dynex’s thought leadership for the better part of the last decade,” commented Byron L. Boston, Chief Executive Officer. “Smriti has been a valuable member of the Dynex management team since joining us in 2014. Through her tenure, she h
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We re now in the final weeks of what has been the strangest year in living memory. But while so much has changed in 2020, one thing remains unquestionably the same: We still have bills to pay, and the vast majority of those bills come on a monthly schedule.
This is where monthly dividend stocks come into play.
Most dividend stocks pay quarterly, and most bonds pay semiannually. But monthly dividend stocks and funds have a payment schedule that actually aligns with your mortgage payment, utility bills and other monthly charges. We d never recommend buying a stock purely because it has a monthly dividend, says Rachel Klinger, president of McCann Wealth Strategies, an investment adviser based in State College, Pennsylvania. But monthly dividend stocks can be a nice addition to a portfolio and can add a little regularity to an investor s income stream.