DIVIDEND ANNOUNCEMENT: NexPoint Residential Trust Inc (NYSE:NXRT) on 02/21/2023 declared a dividend of $0.4200 per share

NexPoint Residential Trust Inc (NYSE:NXRT) on 02/21/2023 declared a dividend of $ 0.4200 per share payable on March 31, 2023 to shareholders of record as of March 15, 2023.

NexPoint Residential Trust Inc (NYSE:NXRT) has paid dividends since 2015, has a current dividend yield of 3.4560787678% and has increased its dividends for 7 successive years.

NexPoint Residential Trust Inc's market cap is $ 1,241,936,890 and has a PE ratio of 48.13. The stock price closed yesterday at $ 48.61 and has a 52 week low/high of $ 38.67 and $ 95.04.

NexPoint Residential Trust is a real estate investment trust (REIT). Co. is focused on multifamily investments primarily located in the Southeastern and Southwestern U.S. Substantially all of Co.'s business is conducted through its operating partnership, NexPoint Residential Trust Operating Partnership, L.P. (the OP). Co. owns its properties through the OP and its wholly owned taxable REIT subsidiary. Co. is externally managed by NexPoint Real Estate Advisors, L.P. (the Adviser). The Adviser conducts substantially all of Co.'s operations and provides asset management services for its real estate investments.

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