NexPoint Diversified Real Estate Trust (NYSE:NXDT) to Issue $0.15 Quarterly Dividend

NexPoint Diversified Real Estate Trust (NYSE:NXDT) declared a quarterly dividend on Tuesday, February 18th,Wall Street Journal reports. Investors of record on Friday, February 28th will be given a dividend of 0.15 per share on Monday, March 31st. This represents a $0.60 dividend on an annualized basis and a yield of 11.88%. The ex-dividend date of this dividend is Friday, February 28th.

NexPoint Diversified Real Estate Trust has increased its dividend by an average of 25.2% annually over the last three years.

NexPoint Diversified Real Estate Trust Trading Down 1.0 %

NXDT traded down $0.05 during trading hours on Wednesday, reaching $5.05. The company’s stock had a trading volume of 104,356 shares, compared to its average volume of 175,461. NexPoint Diversified Real Estate Trust has a fifty-two week low of $4.67 and a fifty-two week high of $7.60. The business’s 50-day moving average is $5.78 and its 200-day moving average is $5.78.

NexPoint Diversified Real Estate Trust Company Profile

NexPoint Diversified Real Estate Trust (NXDT) is an externally advised diversified real estate investment trust (REIT), with its shares of common stock and 5.50% Series A Cumulative Preferred Shares listed on the New York Stock Exchange under the symbols NXDT and NXDT-PA, respectively. As a diversified REIT, NXDT's primary investment objective is to provide both current income and capital appreciation.