{"id":688550,"date":"2022-09-23T17:16:23","date_gmt":"2022-09-23T21:16:23","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nexpoint-diversified-real-estate-trust-announces-preferred-stock-dividend\/"},"modified":"2022-09-23T17:16:23","modified_gmt":"2022-09-23T21:16:23","slug":"nexpoint-diversified-real-estate-trust-announces-preferred-stock-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nexpoint-diversified-real-estate-trust-announces-preferred-stock-dividend\/","title":{"rendered":"NexPoint Diversified Real Estate Trust Announces Preferred Stock Dividend"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">DALLAS<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Sept. 23, 2022<\/span><\/span> \/PRNewswire\/ &#8212; NexPoint Diversified Real Estate Trust (NYSE: NXDT) (&#8220;NXDT&#8221; or the &#8220;Company&#8221;)\u00a0today announced a dividend for its 5.50% Series A Cumulative Preferred Shares (NYSE: NXDT PR A) (&#8220;Preferred Shares&#8221;) of\u00a0<b><span class=\"xn-money\">$0.34375<\/span><\/b>per share. The dividend will be payable on <span class=\"xn-chron\">September 30, 2022<\/span>, to Preferred shareholders of record at the close of business <span class=\"xn-chron\">September 23, 2022<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1872165\/NXDT_Navy_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1872165\/NXDT_Navy_Logo.jpg\" title=\"NXDT (PRNewsfoto\/NexPoint Diversified Real Estate Trust)\" alt=\"NXDT (PRNewsfoto\/NexPoint Diversified Real Estate Trust)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>The Company previously <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3658107-1&amp;h=3142938638&amp;u=https%3A%2F%2Fwww.prnewswire.com%2Fnews-releases%2Fnexpoint-strategic-opportunities-fund-announces-final-results-of-tender-offer-and-successful-listing-of-5-50-series-a-cumulative-preferred-shares-301203620.html&amp;a=announced+the+pricing+of+the+Preferred+Shares+offering+on+January+8%2C+2021+under+the+Company%27s+prior+name%2C+NexPoint+Strategic+Opportunities+Fund+or+NHF\" target=\"_blank\" rel=\"nofollow noopener\">announced the pricing of the Preferred Shares offering on <span class=\"xn-chron\">January 8, 2021<\/span> under the Company&#8217;s prior name, NexPoint Strategic Opportunities Fund or NHF<\/a>. The Preferred Shares were issued on <span class=\"xn-chron\">January 8, 2021<\/span> (the &#8220;Issuance Date&#8221;) and commenced trading on <span class=\"xn-chron\">January 8, 2021<\/span>. The initial dividend accumulated from the Issuance Date.<\/p>\n<p>Egan-Jones Ratings Company assigned an investment grade corporate rating of BBB- to the Series A Preferred Shares. Dividends and distributions on the Series A Preferred Shares are cumulative from their original issue date at the annual rate of 5.50% of the <span class=\"xn-money\">$25.00<\/span> per share liquidation preference.<\/p>\n<div class=\"wcag-arialevel-3\" style=\"font-size: 1.17em;font-weight: bold;text-align: left\" role=\"heading\">\n        <b>About NexPoint Diversified Real Estate Trust<\/b>\n      <\/div>\n<p>NexPoint Diversified Real Estate Trust is an externally advised, publicly traded, diversified real estate investment trust (REIT) focused on the acquisition, development, and management of opportunistic and value-add investments throughout <span class=\"xn-location\">the United States<\/span> across multiple sectors where NexPoint and its affiliates have operational expertise. NXDT is externally advised by NexPoint Real Estate Advisors X, L.P. For more information, please visit nxdt.nexpoint.com.<\/p>\n<div class=\"wcag-arialevel-3\" style=\"font-size: 1.17em;font-weight: bold\" role=\"heading\">\n        <b>Contacts<\/b>\n      <\/div>\n<p>\n        <span class=\"xn-person\">Jackie Graham<\/span><br \/>\n        <br \/>Director, Investor Relations<br \/><a href=\"mailto:jgraham@nexpoint.com\" target=\"_blank\" rel=\"nofollow noopener\">jgraham@nexpoint.com<\/a><\/p>\n<p>\n        <span class=\"xn-person\">Lucy Bannon<\/span><br \/>\n        <br \/>Chief Communications Officer<br \/><a href=\"mailto:lbannon@nexpoint.com\" target=\"_blank\" rel=\"nofollow noopener\">lbannon@nexpoint.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY83119&amp;sd=2022-09-23\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/nexpoint-diversified-real-estate-trust-announces-preferred-stock-dividend-301632466.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/nexpoint-diversified-real-estate-trust-announces-preferred-stock-dividend-301632466.html<\/a><\/p>\n<p>SOURCE  NexPoint Diversified Real Estate Trust<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY83119&amp;Transmission_Id=202209231713PR_NEWS_USPR_____NY83119&amp;DateId=20220923\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire DALLAS , Sept. 23, 2022 \/PRNewswire\/ &#8212; NexPoint Diversified Real Estate Trust (NYSE: NXDT) (&#8220;NXDT&#8221; or the &#8220;Company&#8221;)\u00a0today announced a dividend for its 5.50% Series A Cumulative Preferred Shares (NYSE: NXDT PR A) (&#8220;Preferred Shares&#8221;) of\u00a0$0.34375per share. The dividend will be payable on September 30, 2022, to Preferred shareholders of record at the close of business September 23, 2022. The Company previously announced the pricing of the Preferred Shares offering on January 8, 2021 under the Company&#8217;s prior name, NexPoint Strategic Opportunities Fund or NHF. The Preferred Shares were issued on January 8, 2021 (the &#8220;Issuance Date&#8221;) and commenced trading on January 8, 2021. The initial dividend accumulated from the Issuance Date. Egan-Jones Ratings Company assigned an investment &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nexpoint-diversified-real-estate-trust-announces-preferred-stock-dividend\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;NexPoint Diversified Real Estate Trust Announces Preferred Stock Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-688550","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NexPoint Diversified Real Estate Trust Announces Preferred Stock Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nexpoint-diversified-real-estate-trust-announces-preferred-stock-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NexPoint Diversified Real Estate Trust Announces Preferred Stock Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire DALLAS , Sept. 23, 2022 \/PRNewswire\/ &#8212; NexPoint Diversified Real Estate Trust (NYSE: NXDT) (&#8220;NXDT&#8221; or the &#8220;Company&#8221;)\u00a0today announced a dividend for its 5.50% Series A Cumulative Preferred Shares (NYSE: NXDT PR A) (&#8220;Preferred Shares&#8221;) of\u00a0$0.34375per share. The dividend will be payable on September 30, 2022, to Preferred shareholders of record at the close of business September 23, 2022. The Company previously announced the pricing of the Preferred Shares offering on January 8, 2021 under the Company&#8217;s prior name, NexPoint Strategic Opportunities Fund or NHF. The Preferred Shares were issued on January 8, 2021 (the &#8220;Issuance Date&#8221;) and commenced trading on January 8, 2021. The initial dividend accumulated from the Issuance Date. 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The dividend will be payable on September 30, 2022, to Preferred shareholders of record at the close of business September 23, 2022. The Company previously announced the pricing of the Preferred Shares offering on January 8, 2021 under the Company&#8217;s prior name, NexPoint Strategic Opportunities Fund or NHF. The Preferred Shares were issued on January 8, 2021 (the &#8220;Issuance Date&#8221;) and commenced trading on January 8, 2021. The initial dividend accumulated from the Issuance Date. 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