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NexPoint Residential Trust Announces 2022 Dividend Income Tax Treatment

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NexPoint Residential Trust (NXRT) announced the final income allocations for its 2022 dividends, totaling $1.56 per share from all distributions. The company detailed the taxable ordinary income, capital gains, and returns of capital for each dividend payment throughout the year. Notably, the dividend payments were made quarterly, with the final payment of $0.42 per share recorded on December 14, 2022. Shareholders are advised to consult their tax advisors regarding the implications of these dividends. The comprehensive allocations will be reported on Form 1099-DIV.

Positive
  • Total dividend payout of $1.56 per share for 2022 indicates consistent income return for shareholders.
  • Final dividend payment of $0.42 per share reflects company's confidence in sustaining shareholder returns.
Negative
  • None.

DALLAS, Feb. 6, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc., ("NXRT" or the "Company") (NYSE: NXRT) announced today the final income allocations of the Company's 2022 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




 Taxable   

Ordinary  

Taxable  

Capital Gain   

Unrecap.  

Sec. 1250  

 

Return of   

Section  

199A  

Dividend

Record

Payable

Distribution 

Income  

Distr. Per  

Gain Per  

Capital   

Dividends  

Date

Date

Date

Per Share 

Per Share  

Share  

Share  

Per Share  

Per Share  

3/14/2022 

3/15/2022

3/31/2022

$0.38000

$0.00000

$0.12621

$0.04836

$0.25379

$0.00000

6/14/2022 

6/15/2022

6/30/2022

$0.38000

$0.00000

$0.12621

$0.04836

$0.25379

$0.00000

9/14/2022 

9/15/2022

9/30/2022

$0.38000

$0.00000

$0.12621

$0.04836

$0.25379

$0.00000

12/14/2022 

12/15/2022

12/30/2022

$0.42000

$0.00000

$0.13949

$0.05345

$0.28051

$0.00000



Totals

$1.56000

$0.00000

$0.51812

$0.19853

$1.04188

$0.00000




100.00 %


33.21 %


66.79 %


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 NXRT

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. More information about the Company is available at http://www.nxrt.nexpoint.com.

CONTACTS

Investor Relations
Kristen Thomas
IR@nexpoint.com

Media Relations
Prosek Partners for NexPoint
pro-nexpoint@prosek.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/nexpoint-residential-trust-announces-2022-dividend-income-tax-treatment-301739964.html

SOURCE NexPoint Residential Trust, Inc.

FAQ

What is the total dividend distribution for NXRT in 2022?

NexPoint Residential Trust distributed a total of $1.56 per share in dividends for 2022.

When is the final dividend payment date for NXRT?

The final dividend payment date for NXRT was December 14, 2022.

What should NXRT shareholders consider regarding their 2022 dividends?

Shareholders should consult with their tax advisors about the federal and state tax implications of the dividends received in 2022.

NexPoint Residential Trust Inc

NYSE:NXRT

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REIT - Residential
Real Estate Investment Trusts
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United States of America
DALLAS