NexPoint Diversified Real Estate Trust Plans Quarterly Dividend of $0.15 (NYSE:NXDT)

NexPoint Diversified Real Estate Trust (NYSE:NXDT) declared a quarterly dividend on Tuesday, October 29th,NASDAQ Dividends reports. Shareholders 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 yield of 10.27%. The ex-dividend date of this dividend is Friday, November 15th.

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

NexPoint Diversified Real Estate Trust Stock Performance

Shares of NYSE NXDT opened at 5.84 on Wednesday. The stock’s 50-day simple moving average is 5.91 and its two-hundred day simple moving average is 5.75. NexPoint Diversified Real Estate Trust has a twelve month low of 4.67 and a twelve month 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.