NexPoint Diversified Real Estate Trust (NXDT) to Issue Quarterly Dividend of $0.15 on December 31st

NexPoint Diversified Real Estate Trust (NYSE:NXDT) declared a quarterly dividend on Tuesday, October 29th,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.15 per share on Tuesday, December 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.27%. The ex-dividend date is Friday, November 15th.

NexPoint Diversified Real Estate Trust has decreased its dividend by an average of 21.7% annually over the last three years.

NexPoint Diversified Real Estate Trust Price Performance

Shares of NXDT opened at 5.84 on Wednesday. The stock’s 50-day simple moving average is 5.91 and its 200 day simple moving average is 5.75. NexPoint Diversified Real Estate Trust has a 52-week low of 4.67 and a 52-week high of 9.23.

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.