NexPoint Diversified Real Estate Trust Announces Preferred Share Distribution

Rhea-AI Summary

NexPoint Diversified Real Estate Trust (NYSE: NXDT) has declared a dividend of $0.34375 per share for its 5.50% Series A Cumulative Preferred Shares (NYSE: NXDT PR A). This payment is scheduled for January 3, 2023, to shareholders on record as of December 23, 2022. The company focuses on opportunistic and value-add real estate investments across the United States.

Positive

• Dividend of $0.34375 per share for Preferred Shares announced.
• Commitment to returning value to shareholders through dividend payments.

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• None.

DALLAS, Dec. 6, 2022 /PRNewswire/ -- NexPoint Diversified Real Estate Trust (NYSE: NXDT) ("NXDT" or the "Company") today announced a dividend for its 5.50% Series A Cumulative Preferred Shares (NYSE: NXDT PR A) ("Preferred Shares") of $0.34375 per share. The dividend will be payable on January 3, 2023, to Preferred shareholders of record at the close of business December 23, 2022.  

About NexPoint Diversified Real Estate Trust

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's Series A Preferred Shares?

The dividend amount for NXDT's Series A Preferred Shares is $0.34375 per share.

When is the NXDT preferred dividend payment date?

The NXDT preferred dividend payment date is January 3, 2023.

What is the record date for NXDT's preferred dividend?

The record date for NXDT's preferred dividend is December 23, 2022.

What is the stock symbol for NexPoint Diversified Real Estate Trust?

The stock symbol for NexPoint Diversified Real Estate Trust is NXDT.

What is the stock symbol for NXDT's preferred shares?

The stock symbol for NXDT's preferred shares is NXDT PR A.