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 December 31, 2024, to shareholders recorded as of December 23, 2024.

Positive

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

Negative

• None.

News Market Reaction

+0.92%

1 alert

+0.92% News Effect

On the day this news was published, NXDT gained 0.92%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

DALLAS, Oct. 29, 2024 /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 December 31, 2024, to Preferred Shareholders of record at the close of business December 23, 2024.

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) Griffith
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 for NXDT Preferred Shares announced in October 2024?

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

When is the payment date for NXDT's latest preferred share dividend?

The preferred share dividend will be paid on December 31, 2024.

What is the record date for NXDT's December 2024 preferred dividend?

The record date for the preferred dividend is December 23, 2024.