NexPoint Residential Trust, Inc. Announces Quarterly Dividend

Rhea-AI Summary

NexPoint Residential Trust, Inc. (NXRT) declared a quarterly dividend of $0.46242 per share of common stock, to be paid on June 28, 2024, to stockholders of record on June 14, 2024.

News Market Reaction – NXRT

+2.79%

+2.79% Session move

In the trading session that priced this news, NXRT gained 2.79%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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DALLAS, April 30, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that its board of directors approved a dividend of $0.46242 per share of NXRT common stock, payable on June 28, 2024, to stockholders of record on June 14, 2024.

About NexPoint Residential Trust, Inc.

NexPoint Residential Trust is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NXRT," primarily focused on acquiring, owning and operating well-located middle-income multifamily properties with "value-add" potential in large cities and suburban submarkets of large cities, primarily in the Southeastern and Southwestern United States. NXRT is externally advised by NexPoint Real Estate Advisors, L.P. More information about NXRT is available at http://nxrt.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 Residential Trust, Inc.

FAQ

What dividend did NexPoint Residential Trust, Inc. announce?

NexPoint Residential Trust, Inc. announced a quarterly dividend of $0.46242 per share of common stock.

When will the dividend be paid?

The dividend is scheduled to be paid on June 28, 2024.

Who are the stockholders eligible for the dividend?

Stockholders of record on June 14, 2024, are eligible for the dividend.