NexPoint Real Estate Finance Announces 2023 Dividend Income Tax Treatment

DALLAS, Jan. 30, 2024 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. (NYSE: NREF) (the "Company") announced today the final income allocations of the Company's 2023 dividend distributions on its common stock, Series A Preferred Stock and Series B Preferred Stock. The final income allocations as they will be reported on Form 1099-DIV are set forth in the following table:

Common Shares (CUSIP #65342V101)
Ex Dividend Date	Record Date	Payable Date	Distribution Per Share	Taxable Ordinary Income Per Share (1)(4)	Capital Gain Distributions Per Share (2)(3)(4)	Return of Capital Per Share
3/14/2023	3/15/2023	3/31/2023	$0.50000	$0.35401	$0.03991	$0.10608
3/14/2023	3/15/2023	3/31/2023	$0.18500	$0.13098	$0.01477	$0.03925
6/14/2023	6/15/2023	6/30/2023	$0.50000	$0.29142	$0.00000	$0.20858
6/14/2023	6/15/2023	6/30/2023	$0.18500	$0.10782	$0.00000	$0.07718
9/14/2023	9/15/2023	9/29/2023	$0.50000	$0.29142	$0.00000	$0.20858
9/14/2023	9/15/2023	9/29/2023	$0.18500	$0.10782	$0.00000	$0.07718
12/14/2023	12/15/2023	12/29/2023	$0.50000	$0.29142	$0.00000	$0.20858
12/14/2023	12/15/2023	12/29/2023	$0.18500	$0.10782	$0.00000	$0.07718
		Totals	$2.74000	$1.68271	$0.05468	$1.00261
			100.00 %	61.41 %	2.00 %	36.59 %

 

Series A Preferred Shares (CUSIP #65342V408)
Ex Dividend Date	Record Date	Payable Date	Distribution Per Share	Taxable Ordinary Income Per Share (1)(4)	Capital Gain Distributions Per Share (2)(3)(4)	Return of Capital Per Share
1/12/2023	1/13/2023	1/25/2023	$0.53125	$0.44655	$0.08470	$0.00000
4/12/2023	4/13/2023	4/25/2023	$0.53125	$0.53125	$0.00000	$0.00000
7/12/2023	7/13/2023	7/25/2023	$0.53125	$0.53125	$0.00000	$0.00000
10/12/2023	10/13/2023	10/25/2023	$0.53125	$0.53125	$0.00000	$0.00000
		Totals	$2.12500	$2.04030	$0.08470	$0.00000
			100.00 %	96.01 %	3.99 %	0.00 %

 

Series B Preferred Shares (CUSIP #65342V507)
Ex Dividend Date	Record Date	Payable Date	Distribution Per Share	Taxable Ordinary Income Per Share (1)	Capital Gain Distributions Per Share	Return of Capital Per Share
12/21/2023	12/22/2023	1/5/2024	$0.18750	$0.18750	$0.00000	$0.00000
		Totals	$0.18750	$0.18750	$0.00000	$0.00000
			100.00 %	100.00 %	0.00 %	0.00 %
(1) 100% of the amount reported as Taxable Ordinary Income is treated as a qualified REIT dividend for purposes of Section 199A
(2) The Section 897 Capital Gain amount is equal to 0% of the total Capital Gain Distribution
(3) Pursuant to Treasury Regulation §1.1061-6(c), NexPoint Real Estate Finance is disclosing additional information related to the
capital gain distributions reported on Form 1099-DIV, for purposes of Section 1061. Section 1061 is generally applicable to
direct and indirect holders of "applicable partnership interests." The "One Year Amounts Disclosure" is equal to 100% of the
total capital gain distribution and the "Three Year Amounts Disclosure" is equal to 0% of the capital gain distribution. None
of the capital gains distributions relate to Section 1231 gains.
(4) The Company has elected to apply Section 858 to a portion of it's current year dividends from the REIT's 2022 Earnings & Profits.
The Section 858 election was applied to the Common and Series A Preferred Dividends payable in Q1 2023.

About NexPoint Real Estate Finance, Inc.

NexPoint Real Estate Finance, Inc., is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NREF" primarily focused on originating, structuring and investing in first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, multifamily properties and common equity investments, as well as multifamily commercial mortgage-backed securities securitizations, multifamily structured credit risk notes and mortgage-backed securities.  More information about the Company is available at nref.nexpoint.com.

CONTACTS

Investor Relations
Kristen Thomas
IR@nexpoint.com

Media Relations
Prosek Partners for NexPoint
pro-nexpoint@prosek.com

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SOURCE NexPoint Real Estate Finance, Inc.