NexPoint Diversified Real Estate Trust (NXDT) to Issue Quarterly Dividend of $0.15 on March 31st

NexPoint Diversified Real Estate Trust (NYSE:NXDT) declared a quarterly dividend on Tuesday, February 10th. Investors of record on Friday, February 20th will be given a dividend of 0.15 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 12.1%. The ex-dividend date of this dividend is Friday, February 20th.

NexPoint Diversified Real Estate Trust Stock Performance

Shares of NYSE NXDT opened at $4.95 on Thursday. NexPoint Diversified Real Estate Trust has a one year low of $2.55 and a one year high of $5.26. The business has a 50-day moving average price of $4.03 and a two-hundred day moving average price of $3.76.

Insider Buying and Selling

In other NexPoint Diversified Real Estate Trust news, Director Brian Mitts sold 14,449 shares of the company’s stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $4.18, for a total value of $60,396.82. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Hedge Funds Weigh In On NexPoint Diversified Real Estate Trust

A number of hedge funds have recently modified their holdings of NXDT. Daiwa Securities Group Inc. raised its holdings in NexPoint Diversified Real Estate Trust by 18.1% during the fourth quarter. Daiwa Securities Group Inc. now owns 15,385 shares of the company’s stock valued at $59,000 after buying an additional 2,357 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of NexPoint Diversified Real Estate Trust by 7.3% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 37,031 shares of the company’s stock worth $155,000 after acquiring an additional 2,507 shares in the last quarter. BTG Pactual Asset Management US LLC increased its holdings in shares of NexPoint Diversified Real Estate Trust by 3.5% during the 2nd quarter. BTG Pactual Asset Management US LLC now owns 83,814 shares of the company’s stock valued at $351,000 after acquiring an additional 2,817 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of NexPoint Diversified Real Estate Trust by 4.6% in the 2nd quarter. Raymond James Financial Inc. now owns 77,916 shares of the company’s stock valued at $326,000 after acquiring an additional 3,399 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in NexPoint Diversified Real Estate Trust by 10.0% in the 2nd quarter. Cetera Investment Advisers now owns 38,543 shares of the company’s stock worth $161,000 after purchasing an additional 3,507 shares during the last quarter.

About NexPoint Diversified Real Estate Trust

NexPoint Diversified Real Estate Trust (NYSE: NXDT) is a real estate investment trust focused on building a diversified portfolio of commercial properties across the United States. Since commencing operations through its initial public offering in mid-2021, the company has pursued an opportunistic strategy, targeting value-add and well-located assets in key growth markets. Its investment mandate spans multiple property types, including multifamily residential, office, industrial, retail and hospitality, with an emphasis on generating sustainable income and potential for capital appreciation.

The trust is externally managed by NexPoint Advisors, L.P., a real estate investment firm with a track record of sourcing, underwriting and asset-managing commercial properties.