NexPoint Diversified Real Estate Trust Announces Quarterly Dividend

Rhea-AI Summary

NexPoint Diversified Real Estate Trust (NYSE: NXDT) has declared a quarterly dividend of $0.15 per common share. This dividend will be distributed on June 30, 2023, to shareholders recorded by June 15, 2023. NXDT is a publicly traded real estate investment trust focused on acquiring, developing, and managing investments across various sectors in the United States.

The trust is externally advised by NexPoint Real Estate Advisors X, L.P. This move indicates the company's commitment to return value to its shareholders and reflects confidence in its operational strategy within real estate markets.

Positive

• Declared a quarterly dividend of $0.15 per common share, payable on June 30, 2023.
• The dividend indicates confidence in the company’s financial health and operational strategy.
• Shareholders benefit from regular income through dividends.

Negative

• None.

DALLAS, April 26, 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 June 30, 2023, to shareholders of record on June 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 declared by NXDT?

NXDT has declared a quarterly dividend of $0.15 per common share.

When is the NXDT dividend payment date?

The dividend payment date for NXDT is June 30, 2023.

What is the record date for NXDT's dividend?

The record date for NXDT's dividend is June 15, 2023.

Is the dividend from NXDT sustainable?

The sustainability of NXDT's dividend will depend on its ongoing financial performance and strategy.

How often does NXDT pay dividends?

NXDT pays dividends quarterly, as indicated by the recent announcement.