NexPoint Diversified Real Estate Trust (NYSE:NXDT) Announces Quarterly Dividend of $0.15

NexPoint Diversified Real Estate Trust (NYSE:NXDT) announced a quarterly dividend on Tuesday, February 10th. Investors of record on Friday, February 20th will be given a dividend of 0.15 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 12.4%. The ex-dividend date of this dividend is Friday, February 20th.

NexPoint Diversified Real Estate Trust Price Performance

NYSE:NXDT opened at $4.82 on Wednesday. NexPoint Diversified Real Estate Trust has a one year low of $2.55 and a one year high of $5.26. The company’s 50-day simple moving average is $3.98 and its 200 day simple moving average is $3.76.

About NexPoint Diversified Real Estate Trust

NexPoint Diversified Real Estate Trust (NYSE: NXDT) is a real estate investment trust focused on building a diversified portfolio of commercial properties across the United States. Since commencing operations through its initial public offering in mid-2021, the company has pursued an opportunistic strategy, targeting value-add and well-located assets in key growth markets. Its investment mandate spans multiple property types, including multifamily residential, office, industrial, retail and hospitality, with an emphasis on generating sustainable income and potential for capital appreciation.

The trust is externally managed by NexPoint Advisors, L.P., a real estate investment firm with a track record of sourcing, underwriting and asset-managing commercial properties.