NexPoint Diversified Real Estate Trust Announces Quarterly Distribution
NexPoint Diversified Real Estate Trust (NXDT) has declared a quarterly distribution of $0.15 per common share, payable on March 31, 2025, to shareholders of record on February 28, 2025. The distribution will be paid through a combination of cash and NXDT common shares, with the cash component to 20% of the total distribution.
Shareholders can elect to receive the distribution entirely in cash or shares. If cash elections exceed 20% of the aggregate distribution, the cash portion will be prorated. Shareholders who don't make an election will receive the distribution entirely in shares. The share price for the distribution will be calculated based on the volume weighted average trading prices on NYSE during March 17-19, 2025.
This structure helps NXDT maintain REIT qualification requirements while preserving capital and financial flexibility. The distribution is expected to be taxable to shareholders regardless of the form received.
NexPoint Diversified Real Estate Trust (NXDT) ha dichiarato una distribuzione trimestrale di 0,15 $ per azione ordinaria, che sarà pagata il 31 marzo 2025, agli azionisti registrati il 28 febbraio 2025. La distribuzione sarà effettuata attraverso una combinazione di contante e azioni ordinarie NXDT, con la componente in contante che rappresenta il 20% della distribuzione totale.
Gli azionisti possono scegliere di ricevere la distribuzione interamente in contante o in azioni. Se le elezioni in contante superano il 20% della distribuzione aggregata, la parte in contante sarà proporzionalmente ridotta. Gli azionisti che non effettuano una scelta riceveranno la distribuzione interamente in azioni. Il prezzo delle azioni per la distribuzione sarà calcolato sulla base dei prezzi medi ponderati per volume delle negoziazioni sulla NYSE durante il 17-19 marzo 2025.
Questa struttura aiuta NXDT a mantenere i requisiti di qualificazione REIT pur preservando capitale e flessibilità finanziaria. Si prevede che la distribuzione sia tassabile per gli azionisti indipendentemente dalla forma ricevuta.
NexPoint Diversified Real Estate Trust (NXDT) ha declarado una distribución trimestral de $0.15 por acción ordinaria, que se pagará el 31 de marzo de 2025, a los accionistas registrados el 28 de febrero de 2025. La distribución se pagará a través de una combinación de efectivo y acciones ordinarias de NXDT, siendo la parte en efectivo el 20% de la distribución total.
Los accionistas pueden elegir recibir la distribución completamente en efectivo o en acciones. Si las elecciones en efectivo superan el 20% de la distribución total, la parte en efectivo se prorrateará. Los accionistas que no realicen una elección recibirán la distribución completamente en acciones. El precio de las acciones para la distribución se calculará en base a los precios promedio ponderados por volumen en la NYSE durante el 17-19 de marzo de 2025.
Esta estructura ayuda a NXDT a mantener los requisitos de calificación de REIT mientras preserva capital y flexibilidad financiera. Se espera que la distribución sea gravable para los accionistas independientemente de la forma en que se reciba.
NexPoint Diversified Real Estate Trust (NXDT)는 보통주 1주당 $0.15의 분기 배당금을 선언했으며, 이는 2025년 3월 31일에 2025년 2월 28일 기준 주주에게 지급됩니다. 배당금은 현금과 NXDT 보통주 조합으로 지급되며, 현금 구성 요소는 총 배당금의 20%에 해당합니다.
주주들은 배당금을 전액 현금 또는 주식으로 받을 것을 선택할 수 있습니다. 만약 현금 선택이 총 배당금의 20%를 초과할 경우, 현금 부분은 비례 배분됩니다. 선택을 하지 않은 주주들은 배당금을 전액 주식으로 받게 됩니다. 배당금의 주가 산정은 2025년 3월 17일부터 19일 사이 NYSE의 거래량 가중 평균 가격을 기준으로 합니다.
이 구조는 NXDT가 REIT 자격 요건을 유지하면서 자본과 재정적 유연성을 보존하는 데 도움을 줍니다. 배당금은 수령 형태에 관계없이 주주에게 과세될 것으로 예상됩니다.
NexPoint Diversified Real Estate Trust (NXDT) a déclaré une distribution trimestrielle de 0,15 $ par action ordinaire, payable le 31 mars 2025, aux actionnaires enregistrés le 28 février 2025. La distribution sera effectuée par une combinaison de liquidités et d'actions ordinaires NXDT, avec la composante en espèces représentant 20 % de la distribution totale.
Les actionnaires peuvent choisir de recevoir la distribution entièrement en espèces ou en actions. Si les choix en espèces dépassent 20 % de la distribution totale, la partie en espèces sera proratisée. Les actionnaires qui ne font pas de choix recevront la distribution entièrement en actions. Le prix des actions pour la distribution sera calculé sur la base des prix moyens pondérés par le volume sur la NYSE pendant la période du 17 au 19 mars 2025.
Cette structure aide NXDT à maintenir les exigences de qualification REIT tout en préservant le capital et la flexibilité financière. La distribution devrait être imposable pour les actionnaires, quelle que soit la forme reçue.
NexPoint Diversified Real Estate Trust (NXDT) hat eine vierteljährliche Ausschüttung von 0,15 $ pro Stammaktie erklärt, die am 31. März 2025 an die am 28. Februar 2025 registrierten Aktionäre ausgezahlt wird. Die Ausschüttung erfolgt durch eine Kombination aus Bargeld und NXDT-Stammaktien, wobei der Bargeldanteil 20 % der Gesamtausschüttung beträgt.
Aktionäre können wählen, ob sie die Ausschüttung vollständig in Bargeld oder Aktien erhalten möchten. Wenn die Bargeldwahlen 20 % der Gesamtausschüttung übersteigen, wird der Bargeldanteil anteilig gekürzt. Aktionäre, die keine Wahl treffen, erhalten die Ausschüttung vollständig in Aktien. Der Aktienpreis für die Ausschüttung wird auf Grundlage der volumengewichteten durchschnittlichen Handelspreise an der NYSE während des Zeitraums vom 17. bis 19. März 2025 berechnet.
Diese Struktur hilft NXDT, die Anforderungen zur REIT-Qualifikation aufrechtzuerhalten und gleichzeitig Kapital und finanzielle Flexibilität zu bewahren. Es wird erwartet, dass die Ausschüttung unabhängig von der erhaltenen Form steuerpflichtig für die Aktionäre ist.
- Maintains quarterly dividend distribution of $0.15 per share
- Structure helps preserve company capital and enhance financial flexibility
- Ensures compliance with REIT qualification requirements
- Cash component to 20% of distribution, forcing majority share-based payment
- Potential share dilution due to stock-based distribution
- Cash payments will be prorated if cash elections exceed 20% threshold
Insights
The announced quarterly distribution structure reveals important strategic considerations for both NXDT and its shareholders. The
This distribution approach offers several strategic advantages:
- Capital preservation in an environment where liquidity might be particularly valuable
- Maintained compliance with REIT distribution requirements without depleting cash reserves
- Enhanced financial flexibility for potential market opportunities or defensive positioning
However, shareholders should understand the implications:
- The stock portion of the distribution will result in share dilution, though this is partially offset by retained capital
- The taxable nature of the distribution remains unchanged regardless of the form received
- The actual number of new shares will depend on the March trading prices, introducing some uncertainty into the final distribution value
The structure, while complex, demonstrates prudent capital management. The provision for future all-cash dividends suggests this approach is tactical rather than a permanent shift in distribution policy. This flexibility could prove valuable in adapting to changing market conditions while maintaining the trust's REIT status.
The board of trustees has determined that the cash component of the distribution (other than cash paid in lieu of fractional shares) will not exceed
In accordance with the provisions of IRS Revenue Procedure 2017-45, shareholders will be asked to make an election to receive the distribution all in cash or all in shares. To the extent that more than
An election notice and election form will be mailed to shareholders of record after the record date. The properly completed election form to receive cash or common shares must be received by Equiniti Trust Company, NXDT's transfer agent, prior to 5:00 p.m. Eastern Time on March 14, 2025.
Shareholders who hold their shares through a bank or broker should inform the bank or broker of their election. NXDT expects the dividend to be a taxable dividend to shareholders, regardless of whether a particular shareholder receives the dividend in the form of cash or shares. Shareholders are urged to consult with their tax advisers for proper tax treatment of NXDT's distributions. NXDT reserves the right to pay future dividends entirely in cash.
About NexPoint Diversified Real Estate Trust (NYSE: NXDT)
NexPoint Diversified Real Estate Trust is an externally advised, publicly traded, diversified REIT focused on the acquisition, development, and management of opportunistic and value-add investments throughout
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties. In particular, statements relating to the tax status of the distribution, and NXDT's capital retention and financial flexibility contain forward-looking statements. We caution investors that any forward-looking statements presented in this press release are based on management's current beliefs and assumptions made by, and information currently available to, management. When used, the words "will," "retain," "expect" and "enhance," the negative version of these words and similar expressions that do not relate solely to historical matters are intended to identify forward-looking statements. You can also identify forward-looking statements by discussions of strategy, plans or intentions.
Forward-looking statements are subject to risks, uncertainties and assumptions and may be affected by known and unknown risks, trends, uncertainties and factors that are beyond our control, including those described in greater detail in our filings with the Securities and Exchange Commission (the "SEC") particularly those described in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. We caution you therefore against relying on any of these forward-looking statements and encourage you to review our other filings with the SEC for a more complete discussion of risks and other factors that could affect any forward-looking statement.
CONTACTS
Investor Relations
Kristen Griffith
IR@nexpoint.com
Media Relations
Comms@nexpoint.com
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SOURCE NexPoint Diversified Real Estate Trust
FAQ
What is the amount of NXDT's quarterly distribution for March 2025?
How will NXDT's Q1 2025 distribution be paid to shareholders?
What happens if NXDT shareholders don't make an election for the March 2025 distribution?
When is the record date for NXDT's Q1 2025 distribution?
How will the share price be determined for NXDT's stock distribution?
