DALLAS,
Oct. 29,
2024 /PRNewswire/ -- NexPoint Residential Trust, Inc.
(NYSE: NXRT) ("NXRT") announced today that its board of directors
unanimously approved a dividend of $0.51 per share of NXRT common stock, payable on
December 31, 2024, to stockholders of
record on December 13, 2024. This
represents an 10.3% increase over the previous quarter's dividend
per share and an increase of 147.6% since inception in 2015.
About NexPoint Residential Trust, Inc.
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. NXRT is externally
advised by NexPoint Real Estate Advisors, L.P. More information
about NXRT is available at http://nxrt.nexpoint.com.
Contact:
Kristen (Thomas) Griffith
Investor Relations
IR@nexpoint.com
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SOURCE NexPoint Residential Trust, Inc.