NexPoint Diversified Real Estate Trust Announces Quarterly Dividend

Rhea-AI Summary

NexPoint Diversified Real Estate Trust (NYSE: NXDT) announced a quarterly dividend of $0.15 per common share, payable on March 31, 2023, to shareholders of record on March 15, 2023. This distribution reflects the company's commitment to providing returns to its investors.

NexPoint is focused on opportunistic and value-add investments across various sectors in the United States, leveraging its operational expertise. The announcement reinforces NXDT's strategy of consistent shareholder returns amidst a diversified investment approach.

Positive

• Quarterly dividend of $0.15 per share enhances shareholder returns.
• Dividend payment scheduled for March 31, 2023, shows the company's commitment to regular distributions.

Negative

• None.

News Market Reaction

-0.71%

1 alert

-0.71% News Effect

On the day this news was published, NXDT declined 0.71%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

DALLAS, Feb. 23, 2023 /PRNewswire/ -- NexPoint Diversified Real Estate Trust ("NXDT") (NYSE: NXDT) announced today that its board of trustees has declared a quarterly distribution of $0.15 per common share of NXDT.  The dividend will be payable on March 31, 2023, to shareholders of record on March 15, 2023.

About NexPoint Diversified Real Estate Trust (NYSE: NXDT)

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 for NXDT announced in February 2023?

NexPoint Diversified Real Estate Trust announced a dividend of $0.15 per common share.

When will NXDT pay its dividend?

The dividend will be payable on March 31, 2023.

Who is eligible to receive the NXDT dividend?

Shareholders of record as of March 15, 2023, are eligible to receive the dividend.

How often does NXDT pay dividends?

NexPoint Diversified Real Estate Trust typically pays dividends quarterly.