Smriti Laxman  Popenoe net worth and biography

Smriti Popenoe Biography and Net Worth

Smriti L. Popenoe joined the Board in September 2023. She is the Co-CEO and President of the Company. She previously served as Chief Investment Officer from 2014 through 2024.  Her extensive career in finance and capital markets brings a wealth of expertise in risk management, investment leadership, and best practices in portfolio optimization.

Smriti is accountable for the raising, deployment, and management of the Company’s capital. With almost three decades of career success, she served as Chief Risk Officer at PHH Corporation, a leading provider of mortgage banking and fleet management outsourcing services. As Senior Vice President with Wells Fargo (Wachovia Bank at the time), she managed the $100+B investment portfolio and led the team through the financial crisis of 2009. Further reflecting a broad career, she served as Senior Vice President, Investments with Sunset Financial Resources, a startup REIT. She managed an investment portfolio of $400B fixed-rate mortgage-backed securities (MBS) and whole loans while with Freddie Mac during the early years of her career.

Ms. Popenoe received the Chartered Financial Analyst (CFA) designation in 1997 and holds three degrees: an MBA from the University of Rochester, a Master’s-level French diploma from the Alliance Française, and a B.S. in Chemistry and Environmental Science from St. Joseph’s College in Bangalore, India. Smriti is committed to building winning teams and mentoring young professionals while pursuing her passion for the environment, personal growth, and lifelong learning

What is Smriti Laxman Popenoe's net worth?

The estimated net worth of Smriti Laxman Popenoe is at least $5.71 million as of September 26th, 2025. Popenoe owns 407,338 shares of Dynex Capital stock worth more than $5,710,879 as of December 7th. This net worth approximation does not reflect any other assets that Popenoe may own. Additionally, Popenoe receives an annual salary of $2,910,000.00 as CEO at Dynex Capital. Learn More about Smriti Laxman Popenoe's net worth.

How old is Smriti Laxman Popenoe?

Popenoe is currently 55 years old. There are 2 older executives and no younger executives at Dynex Capital. The oldest executive at Dynex Capital is Mr. Byron L. Boston, Co-CEO & Chairman of the Board, who is 65 years old. Learn More on Smriti Laxman Popenoe's age.

What is Smriti Laxman Popenoe's salary?

As the CEO of Dynex Capital, Inc., Popenoe earns $2,910,000.00 per year. The highest earning executive at Dynex Capital is Mr. Byron L. Boston, Co-CEO & Chairman of the Board, who commands a salary of $3,250,000.00 per year. Learn More on Smriti Laxman Popenoe's salary.

How do I contact Smriti Laxman Popenoe?

The corporate mailing address for Popenoe and other Dynex Capital executives is 4991 Lake Brook Drive Suite 100, GLEN ALLEN VA, 23060. Dynex Capital can also be reached via phone at (804) 217-5800 and via email at [email protected]. Learn More on Smriti Laxman Popenoe's contact information.

Has Smriti Laxman Popenoe been buying or selling shares of Dynex Capital?

Smriti Laxman Popenoe has not been actively trading shares of Dynex Capital during the last quarter. Most recently, on Friday, September 26th, Smriti Laxman Popenoe bought 4,260 shares of Dynex Capital stock. The stock was acquired at an average cost of $12.16 per share, with a total value of $51,801.60. Following the completion of the transaction, the chief executive officer now directly owns 407,338 shares of the company's stock, valued at $4,953,230.08. Learn More on Smriti Laxman Popenoe's trading history.

Who are Dynex Capital's active insiders?

Dynex Capital's insider roster includes Byron Boston (CEO), Robert Colligan (CFO), and Smriti Popenoe (CEO). Learn More on Dynex Capital's active insiders.

Are insiders buying or selling shares of Dynex Capital?

During the last year, Dynex Capital insiders bought shares 2 times. They purchased a total of 8,460 shares worth more than $102,705.60. The most recent insider tranaction occured on September, 26th when CEO Smriti Laxman Popenoe bought 4,260 shares worth more than $51,801.60. Insiders at Dynex Capital own 1.0% of the company. Learn More about insider trades at Dynex Capital.

Information on this page was last updated on 9/26/2025.

Smriti Laxman Popenoe Insider Trading History at Dynex Capital

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
9/26/2025Buy4,260$12.16$51,801.60407,338View SEC Filing Icon  
3/8/2021Buy1,089$18.35$19,983.1595,387View SEC Filing Icon  
2/2/2021Buy1,120$17.85$19,992.0098,740View SEC Filing Icon  
3/17/2020Buy4,000$8.77$35,080.00
8/15/2019Buy1,400$14.69$20,566.00View SEC Filing Icon  
1/31/2019Buy2,542$5.90$14,997.80124,532View SEC Filing Icon  
See Full Table

Smriti Laxman Popenoe Buying and Selling Activity at Dynex Capital

This chart shows Smriti Laxman Popenoe's buying and selling at Dynex Capital by year and by quarter.

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Dynex Capital Company Overview

Dynex Capital logo
Dynex Capital, Inc., a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) on a leveraged basis in the United States. It invests in agency and non-agency MBS consisting of residential MBS, commercial MBS (CMBS), and CMBS interest-only securities. Agency MBS have a guaranty of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac. Non-Agency MBS have no such guaranty of payment. The company has qualified as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders as dividends. Dynex Capital, Inc. was incorporated in 1987 and is headquartered in Glen Allen, Virginia.
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Today's Range

Now: $14.02
Low: $13.90
High: $14.05

50 Day Range

MA: $13.36
Low: $12.07
High: $14.02

2 Week Range

Now: $14.02
Low: $10.79
High: $14.52

Volume

3,761,343 shs

Average Volume

4,459,080 shs

Market Capitalization

$2.06 billion

P/E Ratio

9.47

Dividend Yield

14.54%

Beta

0.97