This is why NexPoint Residential Trust Inc (NYSE:NXRT) will be paying investors dividends of $0.25 on Jun 29, 2018.

June 13, 2018 - By Jason Grubb

NexPoint Residential Trust Inc (NYSE:NXRT) is expected to pay $0.25 on Jun 29, 2018. Shareholders owning the stock before Jun 14, 2018 will be eligible to receive the payout. Based on NexPoint Residential Trust Inc’s current price of $27.48, the dividend is 0.91 %. This dividend’s record date is Jun 15, 2018 and the announcement date is May 1, 2018. The stock decreased 1.08% or $0.3 during the last trading session, reaching $27.48. About 19,593 shares traded. NexPoint Residential Trust, Inc. (NYSE:NXRT) has risen 14.10% since June 13, 2017 and is uptrending. It has outperformed by 1.53% the S&P500.

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. The company has market cap of $572.47 million. NXRT is externally advised by NexPoint Real Estate Advisors, L.P., an affiliate of Highland Capital Management, L.P., a leading global alternative asset manager and an SEC-registered investment adviser. It has a 11.04 P/E ratio.

Another recent and important NexPoint Residential Trust, Inc. (NYSE:NXRT) news was published by Prnewswire.com which published an article titled: “NexPoint Residential Trust, Inc. to Participate at NAREIT’s 2018 REITWeek Investor Forum” on June 04, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.