NexPoint Diversified Real Estate Trust Announces Preferred Share Distribution

Rhea-AI Summary

NexPoint Diversified Real Estate Trust (NYSE: NXDT) has declared a dividend of $0.34375 per share for its 5.50% Series A Cumulative Preferred Shares (NYSE: NXDT PR A). The dividend will be distributed on March 31, 2025, to shareholders who are on record as of March 24, 2025.

Positive

• Regular preferred dividend payment maintained at $0.34375 per share, indicating financial stability

Negative

• None.

News Market Reaction

-0.59%

1 alert

-0.59% News Effect

On the day this news was published, NXDT declined 0.59%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

DALLAS, Feb. 18, 2025 /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) of $0.34375 per share. The dividend will be payable on March 31, 2025, to preferred shareholders of record at the close of business March 24, 2025.  

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 Griffith
IR@nexpoint.com

Media Relations
Comms@nexpoint.com

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SOURCE NexPoint Diversified Real Estate Trust

FAQ

What is the amount of NXDT's preferred share dividend announced for March 2025?

NexPoint Diversified Real Estate Trust announced a preferred share dividend of $0.34375 per share for March 2025.

When is the record date for NXDT's preferred share dividend announced in February 2025?

The record date for NXDT's preferred share dividend is March 24, 2025.

When will NXDT pay its recently announced preferred share dividend?

NXDT will pay the preferred share dividend on March 31, 2025.

What is the annual dividend rate for NXDT's Series A Cumulative Preferred Shares?

NXDT's Series A Cumulative Preferred Shares have a 5.50% annual dividend rate.