NexPoint Real Estate Finance Announces Quarterly Dividend
NexPoint Real Estate Finance (NYSE: NREF) has declared a quarterly dividend of $0.50 per share, consistent with its previous payout levels. The forward yield is currently estimated at 11.68%. Shareholders of record as of September 15 will receive the payment on September 30, and the stock will go ex-dividend on the same date. The company recently outlined a second-quarter core earnings per share (CAD) midpoint estimate of $0.54 following a refinancing transaction involving its Term Loan B facility for $242 million. In addition, NREF reported an Earnings Before Dividends and Distributions (EAD) of $0.58 in the most recent quarter, exceeding expectations by $0.21.
Tickers: $NREF
Topics: dividend real_estate