NXRT - NexPoint Residential Trust Inc. Increases Quarterly Dividend by 10.5%

PR Newswire

DALLAS , Oct. 25, 2022 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT ) (" NXRT ") announced today that its board of directors unanimously approved a dividend of $0.42 per share of NXRT common stock, payable on December 30, 2022 , to stockholders of record on December 15 , 2022.  This represents an 10.5% increase over the previous quarter's distribution and an increase of 103.9% 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 .

CONTACTS

Investor Relations
Kristen Thomas
IR@nexpoint.com

Media Relations
Prosek Partners for NexPoint
Pro-nexpoint@prosek.com

SOURCE NexPoint Residential Trust, Inc.