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NexPoint Real Estate Finance, Inc. Announces Preferred Stock Dividend

NexPoint Real Estate Finance, Inc. (NYSE: NREF) has 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) has declared a dividend of $0.53125 per share on its 8.50% Series A Cumulative Redeemable Preferred Stock. This dividend is scheduled for payment on October 25, 2021 to stockholders of record as of October 15, 2021. NREF focuses on originating and investing in various commercial real estate financing options including first mortgage loans and mezzanine loans. The REIT aims to deliver stable income to its shareholders through its diversified investment strategy.

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Positive

  • Declared a dividend of $0.53125 per share, indicating confidence in cash flow.
  • Scheduled dividend payment date reflects commitment to shareholder returns.

Negative

  • None.
Argus Session date unavailable
-1.26% 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 -1.26%.

Data tracked by StockTitan Argus. Session date unavailable.

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

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DALLAS, Sept. 20, 2021 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. (NYSE: NREF) ("NREF") announced today that its board of directors has declared a dividend of $0.53125 per share of NREF's 8.50% Series A Cumulative Redeemable Preferred Stock, payable on October 25, 2021 to stockholders of record on October 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 alternative structured financings 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
Media inquiries: MediaRelations@nexpoint.com

Cision View original content:https://www.prnewswire.com/news-releases/nexpoint-real-estate-finance-inc-announces-preferred-stock-dividend-301379941.html

SOURCE NexPoint Real Estate Finance, Inc.

FAQ

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

What is the dividend amount declared by NREF?

NexPoint Real Estate Finance has declared a dividend of $0.53125 per share.

When is the dividend payment date for NREF?

The dividend payment date is set for October 25, 2021.

Who are the stockholders eligible for the NREF dividend?

Stockholders of record on October 15, 2021, are eligible for the dividend.

What type of stock is the dividend associated with for NREF?

The dividend is associated with NREF's 8.50% Series A Cumulative Redeemable Preferred Stock.

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