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NexPoint Residential Trust, Inc. Announces Quarterly Dividend

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NexPoint Residential Trust, Inc. (NYSE: NXRT) has declared a quarterly dividend of $0.34125 per share, scheduled for payment on June 30, 2021. Stockholders of record as of June 15, 2021 will be eligible to receive the dividend. This announcement reflects NXRT's ongoing commitment to return value to its shareholders while actively managing its multifamily property portfolio in key markets across the Southeastern and Southwestern United States.

Positive
  • Declaring a quarterly dividend of $0.34125 per share enhances shareholder returns.
  • Demonstrates strong cash flow and confidence in ongoing property management strategy.
Negative
  • None.

DALLAS, April 27, 2021 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that its board of directors unanimously approved a dividend of $0.34125 per share of NXRT common stock, payable on June 30, 2021 to stockholders of record on June 15, 2021.

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.

Contact: 
Jackie Graham
Investor Relations
833-463-6697
JGraham@nexpoint.com

Cision View original content:http://www.prnewswire.com/news-releases/nexpoint-residential-trust-inc-announces-quarterly-dividend-301277366.html

SOURCE NexPoint Residential Trust, Inc.

FAQ

What is the dividend amount declared by NXRT?

NexPoint Residential Trust declared a dividend of $0.34125 per share.

When will the dividend for NXRT be paid?

The dividend will be paid on June 30, 2021.

What is the record date for NXRT's dividend?

The record date for the dividend is June 15, 2021.

How often does NXRT pay dividends?

NXRT pays dividends quarterly.

NexPoint Residential Trust Inc

NYSE:NXRT

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1.05B
22.20M
12.6%
77.64%
1.2%
REIT - Residential
Real Estate Investment Trusts
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United States of America
DALLAS