NexPoint Diversified Real Estate Trust Announces Preferred Share Distribution

Rhea-AI Summary

NXDT - NexPoint Diversified Real Estate Trust Announces $0.34375 Dividend for Preferred Shares

Positive

• Preferred shareholders will receive a $0.34375 dividend per share on January 2, 2024.
• This announcement indicates the company's commitment to providing returns to its shareholders.

Negative

• None.

DALLAS, Nov. 7, 2023 /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 2, 2024, to Preferred shareholders of record at the close of business December 22, 2023.  

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 announced by NexPoint Diversified Real Estate Trust (NXDT) for its Preferred Shares (NXDT PR A)?

NexPoint Diversified Real Estate Trust (NXDT) announced a dividend of $0.34375 per share for its 5.50% Series A Cumulative Preferred Shares (NXDT PR A).

When will the dividend be payable to Preferred shareholders of NexPoint Diversified Real Estate Trust (NXDT)?

The dividend will be payable on January 2, 2024, to Preferred shareholders of record at the close of business on December 22, 2023.