NexPoint Diversified Real Estate Trust Announces Preferred Share Distribution

Rhea-AI Summary

NexPoint Diversified Real Estate Trust (NYSE: NXDT) announced a dividend of $0.34375 per share for its 5.50% Series A Cumulative Preferred Shares (NYSE: NXDT PR A). This dividend will be paid on March 31, 2023, to shareholders of record by the close of business on March 24, 2023. This announcement highlights the company's commitment to delivering consistent returns to its investors amidst its diversified real estate investment strategy across the United States.

Positive

• Dividend of $0.34375 per share for Series A Cumulative Preferred Shares announced.
• Dividend distribution signifies commitment to shareholder returns.

Negative

• None.

News Market Reaction – NXDT

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-0.71% Session move

In the trading session that priced this news, NXDT declined 0.71%, reflecting a mild negative market reaction.

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DALLAS, Feb. 23, 2023 /PRNewswire/ -- NexPoint Diversified Real Estate Trust (NYSE: NXDT) ("NXDT" or the "Company") today announced a dividend for its 5.50% Series A Cumulative Preferred Shares (NYSE: NXDT PR A) ("Preferred Shares") of $0.34375 per share. The dividend will be payable on March 31, 2023, to Preferred shareholders of record at the close of business March 24, 2023.

About NexPoint Diversified Real Estate Trust

NexPoint Diversified Real Estate Trust is an externally advised, publicly traded, diversified real estate investment trust (REIT) focused on the acquisition, development, and management of opportunistic and value-add investments throughout the United States across multiple sectors where NexPoint and its affiliates have operational expertise. NXDT is externally advised by NexPoint Real Estate Advisors X, L.P. For more information, please visit nxdt.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 Diversified Real Estate Trust

FAQ

What is the dividend amount announced by NexPoint Diversified Real Estate Trust for NXDT PR A?

NexPoint Diversified Real Estate Trust announced a dividend of $0.34375 per share for its 5.50% Series A Cumulative Preferred Shares.

When will the dividend for NXDT PR A be payable?

The dividend will be payable on March 31, 2023.

What is the record date for the dividend payment of NXDT PR A?

The record date for the dividend payment is March 24, 2023.

What is the ticker symbol for NexPoint Diversified Real Estate Trust?

The ticker symbol for NexPoint Diversified Real Estate Trust is NXDT.

What is the significance of the dividend announcement for NXDT shareholders?

The dividend announcement reflects NexPoint's commitment to providing returns to its investors, indicating financial health.