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NexPoint Real Estate Finance, Inc. Announces 19% Increase in Quarterly Dividend

NexPoint Real Estate Finance (NREF) has declared a quarterly dividend of $0.475 per share, marking a 19% increase from the prior dividend of $0.40.

(Moderate)

Sentiment and the balance of points

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dividends

Rhea-AI Summary

NexPoint Real Estate Finance (NREF) has declared a quarterly dividend of $0.475 per share, marking a 19% increase from the prior dividend of $0.40. This dividend is set to be paid on March 31, 2021, to stockholders of record as of March 15, 2021. The decision underscores the company’s commitment to returning income to shareholders while positioning itself strategically in the commercial real estate sector, focusing on various financing options.

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Positive

  • Quarterly dividend increased by 19% from $0.40 to $0.475.
  • Demonstrates company confidence and commitment to shareholders.

Negative

  • None.
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+7.21% session move Open Argus
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News Market Reaction – NREF

The recorded move for NREF in the trading session of this news was +7.21%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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DALLAS, Feb. 18, 2021 /PRNewswire/ -- NexPoint Real Estate Finance ("NREF" or the "Company") (NYSE: NREF)  announced today that its board of directors has unanimously declared a quarterly dividend of $0.475 per share of NREF common stock, up from $0.40 per share.  The dividend will be payable on March 31, 2021 to stockholders of record on March 15, 2021.

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 mortgage loans, mezzanine loans, preferred equity and common stock in commercial real estate properties, as well as multifamily commercial mortgage backed securities.  More information about NREF is available at http://nref.nexpoint.com.

Contact: 
Jackie Graham
Investor Relations
JGraham@nexpoint.com
833.463.6697

Cision View original content:http://www.prnewswire.com/news-releases/nexpoint-real-estate-finance-inc-announces-19-increase-in-quarterly-dividend-301230547.html

SOURCE NexPoint Real Estate Finance, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the new dividend amount for NREF?

The new dividend amount for NexPoint Real Estate Finance (NREF) is $0.475 per share.

When is the NREF dividend payment date?

The dividend payment date for NREF is March 31, 2021.

What is the record date for the NREF dividend?

The record date for the NREF dividend is March 15, 2021.

How much has the NREF dividend increased?

The NREF dividend has increased by 19%, up from $0.40 to $0.475.

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