• Dynex Capital: REITs, Yield, and the Fed’s Next Move with co-CEO Smriti Popenoe

  • Aug 1 2024
  • Duración: 47 m
  • Podcast

Dynex Capital: REITs, Yield, and the Fed’s Next Move with co-CEO Smriti Popenoe

  • Resumen

  • Katie Perry spoke with Smriti Popenoe, co-CEO, President, and Chief Investment Officer of Dynex Capital, about the company’s success, including surpassing a billion dollars in equity value and maintaining a dividend yield of over 12.5%. Smriti explained the basics of REITs, differentiated between equity and mortgage REITs, and highlighted Dynex's unique position. She also covered potential Fed rate cuts and the importance of yield in portfolios. Additionally, Smriti shared insights on leadership values, the benefits of the co-CEO structure, and the significance of doing good to drive performance. $DX 00:00 START 02:10 Understanding REITs and Dynex's Role 11:38 Lessons from the 2008 Financial Crisis 15:04 Preparing for Policy Changes 23:48 Capital Raise and Demand 25:47 Impact of Fed Rate Cuts 28:52 Business Philosophy: Do Well and Do Good 32:14 The Co-CEO Dynamic After Earnings is brought to you by Stakeholder Labs and Morning Brew. For more go to https://www.afterearnings.com Follow Us X: https://twitter.com/AfterEarnings TikTok: https://www.tiktok.com/@AfterEarnings Instagram: https://www.instagram.com/afterearnings_/ Reach Out Email: afterearnings@morningbrew.com This episode was recorded before the 7/31/2024 Federal Open Market Committee. Learn more about your ad choices. Visit megaphone.fm/adchoices
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