NXRT - NexPoint Residential Trust Inc. Increases Quarterly Dividend by 10.1%

PR Newswire

DALLAS , Oct. 31, 2023 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that its board of directors unanimously approved a dividend of $0.46242 per share of NXRT common stock, payable on December 29, 2023 , to stockholders of record on December 15, 2023 . This represents a 10.1 % increase over the previous quarter's distribution and an increase of 124.5% 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
Investor Relations
IR@nexpoint. com

SOURCE NexPoint Residential Trust, Inc.