NexPoint Residential Trust, Inc. Announces Quarterly Dividend

Rhea-AI Summary

NexPoint Residential Trust (NYSE: NXRT) has announced that its board of directors has unanimously approved a quarterly dividend of $0.51 per share of NXRT common stock. This dividend will be payable on March 31, 2025, to stockholders of record on March 14, 2025.

The announcement was made on February 25, 2025, from Dallas. The unanimous board approval suggests strong corporate confidence in the company's financial position and commitment to returning value to shareholders through consistent dividend payments.

Positive

• Board unanimously approved $0.51 per share dividend
• Consistent return of value to shareholders

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• None.

DALLAS, Feb. 25, 2025 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that its board of directors unanimously approved a dividend of $0.51 per share of NXRT common stock, payable on March 31, 2025, to stockholders of record on March 14, 2025.

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.

Contact: 
Kristen Griffith
Investor Relations
IR@nexpoint.com

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SOURCE NexPoint Residential Trust, Inc.

FAQ

What is the amount of NXRT's quarterly dividend announced on February 25, 2025?

NXRT announced a quarterly dividend of $0.51 per share of common stock.

When will NXRT's recently announced dividend be paid to shareholders?

The dividend will be payable on March 31, 2025, to stockholders of record as of March 14, 2025.

What is the record date for NexPoint Residential Trust's latest dividend?

The record date for NXRT's dividend is March 14, 2025.

How was the decision to issue NXRT's quarterly dividend approved?

The dividend was unanimously approved by NXRT's board of directors.

Does an investor need to own NXRT shares before March 14, 2025 to receive the dividend?

Yes, investors must be stockholders of record by March 14, 2025 to receive the dividend payment on March 31, 2025.