NexPoint Residential Trust, Inc. Announces Quarterly Dividend

Rhea-AI Summary

NexPoint Residential Trust, Inc. (NYSE: NXRT) has approved a dividend of $0.42 per share of NXRT common stock. The dividend will be payable on September 29, 2023, to stockholders of record on September 15, 2023.

DALLAS, July 25, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that its board of directors approved a dividend of $0.42 per share of NXRT common stock, payable on September 29, 2023, to stockholders of record on September 15, 2023.

About NexPoint Residential Trust, Inc.

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. More information about NXRT is available at http://nxrt.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 Residential Trust, Inc.

FAQ

What is the dividend amount approved by NexPoint Residential Trust?

NexPoint Residential Trust has approved a dividend of $0.42 per share of NXRT common stock.

When will the dividend be payable?

The dividend will be payable on September 29, 2023.

Who are eligible to receive the dividend?

Stockholders of record on September 15, 2023, will be eligible to receive the dividend.

What is the stock symbol of NexPoint Residential Trust?

The stock symbol of NexPoint Residential Trust is NYSE: NXRT.