NexPoint Real Estate Finance, Inc. Announces Preferred Stock Dividend
NexPoint Real Estate Finance, Inc. (NYSE: NREF) announced a dividend of $0.53125 per share for 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) announced a dividend of $0.53125 per share for its 8.50% Series A Cumulative Redeemable Preferred Stock. This dividend is scheduled for payment on July 25, 2022, to stockholders of record as of July 14, 2022. NREF focuses on investments in first mortgage loans, mezzanine loans, preferred equity, and commercial mortgage-backed securities across various real estate sectors, particularly in major metropolitan areas.
Positive
- Declared a dividend of $0.53125 per share, indicating financial stability and commitment to shareholders.
Negative
- None.
Details
News Market Reaction – NREF
The recorded move for NREF in the trading session of this news was -2.74%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
DALLAS, June 22, 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:
Jackie Graham
Director, Investor Relations
JGraham@nexpoint.com
Media inquiries: MediaRelations@nexpoint.com
View original content:https://www.prnewswire.com/news-releases/nexpoint-real-estate-finance-inc-announces-preferred-stock-dividend-301573408.html
SOURCE NexPoint Real Estate Finance, Inc.
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