NexPoint Real Estate Finance, Inc. Announces Quarterly Dividend
Rhea-AI Summary
NexPoint Real Estate Finance (NYSE: NREF) has declared a quarterly dividend of $0.50 per share for its common stockholders. The dividend is set to be paid on September 30, 2024, to shareholders recorded as of September 13, 2024. This announcement demonstrates NREF's commitment to providing regular returns to its investors, maintaining its dividend distribution policy. The consistency in dividend payments may be viewed positively by income-focused investors, potentially supporting the company's stock value and shareholder confidence.
Positive
- Consistent quarterly dividend payment of $0.50 per share
- Maintaining regular cash returns to shareholders
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, NREF gained 1.69%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
About NexPoint Real Estate Finance, Inc.
NexPoint Real Estate Finance, Inc., is a publicly traded REIT, with its common stock and Series A Preferred Stock listed on the New York Stock Exchange under the symbol "NREF" and "NREF PRA," respectively, primarily focused on originating, structuring and investing in first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, multifamily properties, promissory notes and common equity investments, as well as multifamily and single-family commercial mortgage-backed securities securitizations, and mortgage-backed securities. More information about the Company is available at http://nref.nexpoint.com.
CONTACTS
Investor Relations
Kristen Thomas
IR@nexpoint.com
Media Relations
Prosek Partners for NexPoint
pro-nexpoint@prosek.com
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SOURCE NexPoint Real Estate Finance, Inc.