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NexPoint Real Estate Finance, Inc. Announces 5.3% Increase in Quarterly Dividend

NexPoint Real Estate Finance (NREF) announced a quarterly dividend increase from $0.475 to $0.50 per share.

(Neutral)

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dividends

Rhea-AI Summary

NexPoint Real Estate Finance (NREF) announced a quarterly dividend increase from $0.475 to $0.50 per share. This 5.3% increase reflects the company's commitment to returning value to its stockholders. The dividend is scheduled for payment on March 31, 2022, to stockholders of record by March 15, 2022. NREF primarily invests in first mortgage loans, mezzanine loans, preferred equity, and multifamily commercial mortgage-backed securities, underscoring its focus on the commercial real estate sector.

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Positive

  • Quarterly dividend increased by 5.3% to $0.50 per share.
  • Dividend payment reflects confidence in financial stability.

Negative

  • None.
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-2.29% 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 -2.29%.

Data tracked by StockTitan Argus. Session date unavailable.

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DALLAS, Feb. 17, 2022 /PRNewswire/ -- NexPoint Real Estate Finance ("NREF" or the "Company") (NYSE: NREF)  announced today that its board of directors has declared a quarterly dividend of $0.50 per share of NREF common stock, up from $0.475 per share. The dividend will be payable on March 31, 2022 to stockholders of record on March 15, 2022.

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
972-628-4024
Media: MediaRelations@nexpoint.com

 

Cision View original content:https://www.prnewswire.com/news-releases/nexpoint-real-estate-finance-inc-announces-5-3-increase-in-quarterly-dividend-301482895.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 $0.50 per share.

When will the NREF dividend be paid?

The NREF dividend will be paid on March 31, 2022.

What is the record date for the NREF dividend?

The record date for the NREF dividend is March 15, 2022.

How much has NREF increased its dividend?

NREF has increased its dividend by 5.3% from $0.475 to $0.50 per share.

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