NexPoint Real Estate Finance, Inc. Announces Preferred Stock Dividend

Rhea-AI Summary

NexPoint Real Estate Finance (NYSE: NREF) has declared a dividend of $0.53125 per share for its 8.50% Series A Cumulative Redeemable Preferred Stock (NYSE: NREF PRA). This dividend will be payable on April 25, 2023, to stockholders recorded by the close of business on April 13, 2023. This announcement reflects the company’s ongoing commitment to return value to shareholders.

Positive

• Dividend of $0.53125 per share for Series A Preferred Stock announced.
• Demonstrates commitment to returning value to shareholders.

Negative

• None.

News Market Reaction – NREF

+2.85%

1 alert

+2.85% News Effect

On the day this news was published, NREF gained 2.85%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

DALLAS, Feb. 23, 2023 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. (NYSE: NREF) (the "Company") today announced a dividend for its 8.50% Series A Cumulative Redeemable Preferred Stock (NYSE: NREF PRA) of $0.53125 per share. The dividend will be payable on April 25, 2023, to stockholders of record at the close of business on April 13, 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 stock 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

View original content to download multimedia:https://www.prnewswire.com/news-releases/nexpoint-real-estate-finance-inc-announces-preferred-stock-dividend-301754151.html

SOURCE NexPoint Real Estate Finance, Inc.

FAQ

What is the dividend amount declared by NexPoint Real Estate Finance?

NexPoint Real Estate Finance declared a dividend of $0.53125 per share for its Series A Preferred Stock.

When will the dividend for NREF PRA be paid?

The dividend will be paid on April 25, 2023.

What is the record date for the dividend payment of NREF PRA?

The record date for the dividend payment is April 13, 2023.