NexPoint Real Estate Finance, Inc. Announces Preferred Stock Dividend
NexPoint Real Estate Finance, Inc. (NYSE: NREF) declared a dividend of $0.53125 per share on its 8.50% Series A Cumulative Redeemable Preferred Stock.
Sentiment and the balance of points
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Rhea-AI Summary
NexPoint Real Estate Finance, Inc. (NYSE: NREF) declared a dividend of $0.53125 per share on its 8.50% Series A Cumulative Redeemable Preferred Stock. This dividend is payable on October 25, 2022 to stockholders on record as of October 14, 2022. NREF focuses on originating, structuring, and investing in various real estate finance products, primarily in top metropolitan areas.
Positive
- Declared a dividend of $0.53125 per share, providing income to shareholders.
- Focuses on stable real estate sectors with operational expertise.
Negative
- None.
Details
News Market Reaction – NREF
The recorded move for NREF in the trading session of this news was +0.77%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
DALLAS, Sept. 21, 2022 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. (NYSE: NREF) ("NREF") announced today that its board of directors has declared a dividend of
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, as well as multifamily commercial mortgage backed securities. NREF concentrates on investments in real estate sectors where its senior management team has operating expertise, including, among others, in the multifamily, single-family rental, self-storage, life science, hospitality and office sectors predominantly in the top 50 metropolitan statistical areas. More information about NREF is available at http://nref.nexpoint.com.
Contact:
Lucy Bannon
Chief Communications Officer
lbannon@nexpoint.com
Jackie Graham
Director, Investor Relations and Capital Markets
jgraham@nexpoint.com
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SOURCE NexPoint Real Estate Finance, Inc.
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