Welcome to our dedicated page for Nexpoint Residential Tr news (Ticker: NXRT), a resource for investors and traders seeking the latest updates and insights on Nexpoint Residential Tr stock.
NexPoint Residential Trust Inc (NXRT), a New York Stock Exchange-listed REIT specializing in value-add multifamily properties, maintains this dedicated news hub for investors and stakeholders. Track all official corporate developments through press releases, financial reports, and strategic announcements.
This resource provides centralized access to critical updates including quarterly earnings, property acquisitions, operational milestones, and leadership changes. Users will find filings related to capital expenditures, portfolio performance metrics, and market expansion initiatives across Southeastern and Southwestern US markets.
Content is organized to facilitate quick scanning while maintaining regulatory compliance. Key focus areas include rental income trends, value-add program implementations, and partnership developments with NexPoint Real Estate Advisors. Bookmark this page for efficient tracking of NXRT's progress in enhancing middle-income housing assets and driving shareholder value.
NexPoint Residential Trust (NYSE: NXRT) has announced that the record date to determine stockholders eligible to vote at the 2022 Annual Meeting is April 4, 2022. The meeting is scheduled for May 10, 2022, at 10:00 a.m. Central Time, and will be conducted virtually due to ongoing COVID-19 concerns. Only stockholders of record as of the record date will be permitted to vote and ask questions during the meeting through an online platform. More details on accessing the meeting will be shared in the upcoming Proxy Materials.
NexPoint Residential Trust (NYSE: NXRT) announced its participation in the Raymond James Institutional Investors Conference on March 8, 2022, in Orlando, Florida. Key executives, including Brian Mitts (CFO), Matt McGraner (CIO), and Bonner McDermett (VP), will present. Meeting materials will be available on NXRT's website on the day of the event. NexPoint Residential Trust focuses on acquiring and operating multifamily properties in the Southeastern and Southwestern U.S., targeting middle-income households with potential for value enhancement.
NexPoint Residential Trust, Inc. (NYSE: NXRT) announced a quarterly dividend of $0.38 per share, payable on March 31, 2022, to stockholders of record on March 15, 2022. The company, focused on middle-income multifamily properties with value-add potential, is externally advised by NexPoint Real Estate Advisors, L.P. This dividend reflects the company's ongoing commitment to returning value to shareholders.
NexPoint Residential Trust (NYSE:NXRT) reported its financial results for 2021, showing a net income of $23.0 million, down from $44.0 million in 2020. Key metrics include Funds from Operations (FFO) of $63.6 million, and an increase in revenue to $219.2 million. The portfolio's occupancy rate stood at 94.3%, while Same Store properties experienced revenue growth of 4.9%. NXRT also enhanced its dividend by 11.4% to $0.38 per share. Notably, the company completed 1,264 upgrades throughout the year, yielding a 21.1% ROI.
NexPoint Residential Trust (NYSE: NXRT) announced its final income allocations for its 2020 dividend distributions. The total distribution per share for 2021 is $1.40375, with notable payments of $0.34125 for the first three quarters and $0.38000 for the fourth quarter. All dividends are categorized as taxable ordinary income and return of capital, with no amounts reported for Section 199A dividends. Shareholders are encouraged to consult their tax advisors regarding tax implications.
NexPoint Residential Trust (NXRT) will host a conference call on February 15, 2022, at 11:00 a.m. ET to discuss its fourth quarter and full year 2021 financial results. The call can be accessed via telephone or through a live audio webcast on the company's website. A replay will be available for 60 days following the call. Additionally, NXRT plans to release its financial results before the market opens on the same date.
NexPoint Residential Trust, Inc. (NYSE: NXRT) has declared a quarterly dividend of $0.38 per share, marking an 11.4% increase from the previous quarter. This dividend is set to be paid on December 30, 2021, to stockholders on record by December 15, 2021. Since inception in 2015, dividends have risen by 84.5%. The company specializes in acquiring and operating middle-income multifamily properties across the Southeastern and Southwestern United States.
NexPoint Residential Trust (NYSE:NXRT) reported a third quarter 2021 net loss of $(5.4) million, compared to a net income of $29.6 million in Q3 2020. FFO for Q3 2021 was $16.1 million, down from $17.2 million, while AFFO rose to $18.6 million, compared to $15.1 million a year prior. Total revenues increased to $56.4 million from $51.0 million. Year-to-date, NXRT reported a net loss of $(15.7) million versus $48.2 million in 2020. The company declared a quarterly dividend of $0.38, marking an 11.4% increase. The occupancy rate stood at 95.3% with an average monthly rent of $1,204.
NexPoint Residential Trust, Inc. (NXRT) announced a conference call on November 2, 2021, at 11:00 a.m. ET to discuss its third quarter financial results. The call can be accessed by dialing 800-353-6461 or internationally at +1 334-323-0501. A live audio webcast will be available on the Company's website, with a replay accessible until November 9, 2021. The Company will issue a press release with the financial results before market open on the same day.
NexPoint Residential Trust (NYSE: NXRT) has declared a quarterly dividend of $0.34125 per share, set to be paid on September 30, 2021. Stockholders of record by September 15, 2021 will receive this dividend, reflecting the company's ongoing commitment to return value to its investors. NXRT focuses on acquiring and operating multifamily properties in the Southeastern and Southwestern United States, emphasizing 'value-add' investment opportunities.
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