NexPoint Real Estate Finance, Inc. Announces Series A 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). The dividend will be paid on January 27, 2025, to shareholders who are on record as of January 15, 2025.

Positive

• Regular preferred dividend payment indicates financial stability
• 8.50% dividend yield on preferred shares provides steady income for investors

Negative

• None.

News Market Reaction – NREF

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In the trading session that priced this news, NREF declined 0.76%, reflecting a mild negative market reaction.

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DALLAS, Dec. 24, 2024 /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 January 27, 2025, to stockholders of record at the close of business on January 15, 2025.   

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 and common equity investments, as well as multifamily and single-family rental commercial mortgage-backed securities securitizations, promissory notes and mortgage-backed securities. More information about the Company is available at nref.nexpoint.com.

CONTACTS
Investor Relations
Kristen Griffith
IR@nexpoint.com

Media Relations
Prosek Partners for NexPoint
pro-nexpoint@prosek.com

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SOURCE NexPoint Real Estate Finance, Inc.

FAQ

What is the dividend amount for NREF Series A Preferred Stock in January 2025?

NexPoint Real Estate Finance announced a dividend of $0.53125 per share for its 8.50% Series A Cumulative Redeemable Preferred Stock.

When is the ex-dividend date for NREF Series A Preferred Stock dividend?

Shareholders must be on record by January 15, 2025, to receive the dividend payment.

When will NREF pay its Series A Preferred Stock dividend?

The dividend will be paid on January 27, 2025.

What is the annual yield of NREF Series A Preferred Stock?

The Series A Preferred Stock carries an 8.50% cumulative redeemable preferred dividend rate.