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NexPoint Residential Trust, Inc. Increases Quarterly Dividend by 10.3%

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NexPoint Residential Trust (NYSE: NXRT) has announced a 10.3% increase in its quarterly dividend. The company will pay $0.51 per share to stockholders of record on December 13, 2024, with payment scheduled for December 31, 2024. This dividend increase represents a significant growth of 147.6% since the company's inception in 2015.

NexPoint Residential Trust (NYSE: NXRT) ha annunciato un aumento del 10,3% del suo dividendo trimestrale. L'azienda pagherà $0,51 per azione agli azionisti registrati al 13 dicembre 2024, con pagamento previsto per il 31 dicembre 2024. Questo aumento del dividendo rappresenta una crescita significativa del 147,6% dalla fondazione dell'azienda nel 2015.

NexPoint Residential Trust (NYSE: NXRT) ha anunciado un incremento del 10,3% en su dividendo trimestral. La empresa pagará $0,51 por acción a los accionistas registrados el 13 de diciembre de 2024, con el pago programado para el 31 de diciembre de 2024. Este aumento del dividendo representa un crecimiento significativo del 147,6% desde la creación de la empresa en 2015.

NexPoint Residential Trust (NYSE: NXRT)는 분기 배당금을 10.3% 인상했다고 발표했습니다. 회사는 2024년 12월 13일 기록된 주주에게 주당 $0.51를 지급하며, 지급일은 2024년 12월 31일로 예정되어 있습니다. 이번 배당금 인상은 2015년 회사 설립 이후 147.6%의 상당한 성장을 나타냅니다.

NexPoint Residential Trust (NYSE: NXRT) a annoncé une hausse de 10,3% de son dividende trimestriel. L'entreprise versera 0,51 $ par action aux actionnaires enregistrés le 13 décembre 2024, avec un paiement prévu pour le 31 décembre 2024. Cette augmentation du dividende représente une croissance significative de 147,6% depuis la création de l'entreprise en 2015.

NexPoint Residential Trust (NYSE: NXRT) hat eine 10,3%ige Erhöhung seiner vierteljährlichen Dividende bekannt gegeben. Das Unternehmen wird $0,51 pro Aktie an die am 13. Dezember 2024 registrierten Aktionäre auszahlen, die Zahlung ist für den 31. Dezember 2024 vorgesehen. Diese Dividendensteigerung bedeutet ein signifikantes Wachstum von 147,6% seit der Gründung des Unternehmens im Jahr 2015.

Positive
  • Quarterly dividend increased by 10.3% to $0.51 per share
  • 147.6% dividend growth since 2015 demonstrates strong long-term dividend growth trajectory
  • Unanimous board approval indicates strong corporate confidence in cash flow sustainability
Negative
  • None.

DALLAS, Oct. 29, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that its board of directors unanimously approved a dividend of $0.51 per share of NXRT common stock, payable on December 31, 2024, to stockholders of record on December 13, 2024. This represents an 10.3% increase over the previous quarter's dividend per share and an increase of 147.6% since inception in 2015.

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: 
Kristen (Thomas) Griffith
Investor Relations
IR@nexpoint.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/nexpoint-residential-trust-inc-increases-quarterly-dividend-by-10-3-302289797.html

SOURCE NexPoint Residential Trust, Inc.

FAQ

What is NexPoint Residential Trust's new quarterly dividend for Q4 2024?

NexPoint Residential Trust's new quarterly dividend is $0.51 per share, representing a 10.3% increase from the previous quarter.

When will NXRT pay its Q4 2024 dividend?

NXRT will pay its Q4 2024 dividend on December 31, 2024, to stockholders of record as of December 13, 2024.

How much has NXRT's dividend grown since its inception?

NXRT's dividend has grown by 147.6% since its inception in 2015.

What is the dividend record date for NXRT's Q4 2024 payment?

The record date for NXRT's Q4 2024 dividend is December 13, 2024.

NexPoint Residential Trust Inc

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979.70M
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REIT - Residential
Real Estate Investment Trusts
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United States of America
DALLAS