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

NexPoint Diversified Real Estate Trust (NYSE:NXDTGet Free Report) announced a quarterly dividend on Monday, February 5th, Zacks reports. Investors of record on Friday, February 16th will be given a dividend of 0.15 per share on Thursday, March 28th. This represents a $0.60 annualized dividend and a dividend yield of 8.56%. The ex-dividend date is Thursday, February 15th.

NexPoint Diversified Real Estate Trust Trading Up 1.2 %

NYSE:NXDT opened at 7.01 on Tuesday. NexPoint Diversified Real Estate Trust has a 12-month low of 6.40 and a 12-month high of 13.32. The stock has a 50-day moving average price of 7.44 and a 200 day moving average price of 8.50.

Institutional Investors Weigh In On NexPoint Diversified Real Estate Trust

Several institutional investors have recently modified their holdings of the stock. Guggenheim Capital LLC purchased a new stake in shares of NexPoint Diversified Real Estate Trust in the first quarter worth approximately $1,256,000. Royal Bank of Canada purchased a new stake in shares of NexPoint Diversified Real Estate Trust in the first quarter worth approximately $1,183,000. Advisors Asset Management Inc. purchased a new stake in shares of NexPoint Diversified Real Estate Trust in the first quarter worth approximately $347,000. Bank of America Corp DE purchased a new position in NexPoint Diversified Real Estate Trust during the 1st quarter worth $7,229,000. Finally, Envestnet Asset Management Inc. purchased a new position in NexPoint Diversified Real Estate Trust during the 2nd quarter worth $353,000.

NexPoint Diversified Real Estate Trust Company Profile

(Get Free Report)

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.

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Dividend History for NexPoint Diversified Real Estate Trust (NYSE:NXDT)

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