NexPoint Residential Trust Announces 2021 Dividend Income Tax Treatment

Rhea-AI Summary

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.

Positive

• Total dividend distribution per share: $1.40375.
• Consistent quarterly dividends of $0.34125 for first three quarters.
• Increased dividend to $0.38000 for the fourth quarter.

Negative

• None.

DALLAS, Feb. 1, 2022 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) (the "Company") announced today the final income allocations of the Company's 2020 dividend distributions on its common stock. The final income allocations as they will be reported on Form 1099-DIV are set forth in the following table:

Common Shares (CUSIP #65341D102)
Ex-Dividend Date	Record Date	Payable Date	Distribution per Share	Taxable Ordinary Income Per Share	Return of Capital Per Share	Section 199A Dividends Per Share
3/12/202	3/15/2021	3/31/2021	$0.34125	$0.00000	$0.34125	$0.00000
6/14/2021	6/15/2021	6/30/2021	$0.34125	$0.00000	$0.34125	$0.00000
9/14/2021	9/15/2021	9/30/2021	$0.34125	$0.00000	$0.34125	$0.00000
12/14/2021	12/15/2021	12/30/2021	$0.38000	$0.00000	$0.38000	$0.00000
		Totals	$1.40375	$0.00000	$1.40375	$0.00000
			100.00%	0.00%	100.00%
Components may not sum to the totals due to rounding differences. The information above presents final income allocations.
The Company encourages shareholders to consult with their own tax advisors with respect to the federal, state, and local income tax effects of these dividends.

About NexPoint Residential Trust 
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., an affiliate of NexPoint Advisors, L.P., an SEC-registered investment advisor, which has extensive real estate experience.

Contact:
Jackie Graham
Investor Relations
jgraham@nexpoint.com

View original content:https://www.prnewswire.com/news-releases/nexpoint-residential-trust-announces-2021-dividend-income-tax-treatment-301473045.html

SOURCE NexPoint Residential Trust, Inc.

FAQ

What are the dividend amounts for NXRT in 2021?

The total dividend distribution per share for NXRT in 2021 is $1.40375, with $0.34125 for the first three quarters and $0.38000 for the fourth quarter.

What is the payable date for NXRT's dividends?

The payable dates for NXRT's dividends are March 31, June 30, September 30, and December 30 for the year 2021.

What is the ex-dividend date for NXRT in 2021?

The ex-dividend dates for NXRT in 2021 are March 12, June 14, September 14, and December 14.

How are NXRT's dividends categorized for tax purposes?

NXRT's dividends are categorized as taxable ordinary income and return of capital, with no amounts classified under Section 199A dividends.

Should shareholders consult tax advisors regarding NXRT's dividends?

Yes, shareholders are encouraged to consult their own tax advisors for the federal, state, and local tax effects of NXRT's dividends.