NexPoint Real Estate Finance, Inc. Announces Series A Preferred Stock Dividend
Rhea-AI Summary
NexPoint Real Estate Finance (NYSE: NREF) has declared a dividend for its 8.50% Series A Cumulative Redeemable Preferred Stock (NYSE: NREF PRA). The dividend amount is $0.53125 per share and will be payable on October 25, 2024. Stockholders of record at the close of business on October 15, 2024, will be eligible to receive the dividend. This announcement demonstrates the company's commitment to providing regular income to its preferred stockholders, maintaining its dividend policy for the Series A Preferred Stock.
Positive
- Consistent dividend payment for preferred stockholders
- Maintained 8.50% dividend yield on Series A Preferred Stock
Negative
- None.
News Market Reaction – NREF
On the day this news was published, NREF declined 0.97%, reflecting a mild negative 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 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 Thomas
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 NexPoint Real Estate Finance's Series A Preferred Stock (NREF PRA)?
When is the dividend payment date for NREF's Series A Preferred Stock?
What is the record date for NREF's Series A Preferred Stock dividend?
What is the annual dividend yield for NREF's Series A Preferred Stock?
