NexPoint Residential Trust, Inc. (NXRT) to Issue Quarterly Dividend of $0.53 on March 31st

NexPoint Residential Trust, Inc. (NYSE:NXRT) declared a quarterly dividend on Tuesday, February 24th. Shareholders of record on Friday, March 13th will be paid a dividend of 0.53 per share by the financial services provider on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 7.9%. The ex-dividend date is Friday, March 13th.

NexPoint Residential Trust has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 3 consecutive years. NexPoint Residential Trust has a payout ratio of -182.8% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect NexPoint Residential Trust to earn $2.78 per share next year, which means the company should continue to be able to cover its $2.12 annual dividend with an expected future payout ratio of 76.3%.

NexPoint Residential Trust Price Performance

NXRT stock opened at $26.85 on Wednesday. The firm has a 50 day moving average of $29.82 and a 200-day moving average of $30.85. NexPoint Residential Trust has a 12-month low of $26.00 and a 12-month high of $40.78. The company has a current ratio of 2.27, a quick ratio of 2.27 and a debt-to-equity ratio of 5.27. The company has a market cap of $682.21 million, a price-to-earnings ratio of -21.14 and a beta of 1.19.

NexPoint Residential Trust Company Profile

NexPoint Residential Trust is a real estate investment trust focused on the acquisition, leasing and management of single‐family rental homes across the United States. The company targets suburban and Sun Belt markets with favorable demographic trends, seeking to build a diversified portfolio of standalone residences that serve the growing demand for quality rental housing. By concentrating on professionally managed homes rather than multi‐family apartments, NexPoint Residential Trust aims to offer tenants the benefits of privacy and space, while generating predictable rental income for investors.

The firm’s investment strategy combines direct acquisitions of built single‐family homes with selective joint ventures and partnerships to optimize scale and geographic diversification.