NexPoint Diversified Real Estate Trust (NXDT) To Go Ex-Dividend on December 15th

NexPoint Diversified Real Estate Trust (NYSE:NXDT) declared a quarterly dividend on Tuesday, October 27th. Stockholders of record on Tuesday, December 15th will be paid a dividend of $0.03 per share on Thursday, December 31st. This represents a $0.12 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Tuesday, December 15th.

NexPoint Diversified Real Estate Trust Stock Up 0.4%

NYSE:NXDT opened at $5.23 on Thursday. NexPoint Diversified Real Estate Trust has a 52-week low of $2.55 and a 52-week high of $5.95. The stock has a fifty day simple moving average of $5.25 and a 200-day simple moving average of $4.94.

Institutional Trading of NexPoint Diversified Real Estate Trust

Several large investors have recently modified their holdings of NXDT. Bank of New York Mellon Corp acquired a new position in NexPoint Diversified Real Estate Trust in the second quarter worth approximately $660,000. Quantinno Capital Management LP increased its holdings in shares of NexPoint Diversified Real Estate Trust by 422.2% in the first quarter. Quantinno Capital Management LP now owns 70,204 shares of the company’s stock valued at $328,000 after buying an additional 56,761 shares in the last quarter. Public Employees Retirement System of Ohio lifted its position in shares of NexPoint Diversified Real Estate Trust by 239.4% during the 1st quarter. Public Employees Retirement System of Ohio now owns 41,789 shares of the company’s stock valued at $195,000 after acquiring an additional 29,476 shares during the last quarter. HighTower Advisors LLC acquired a new stake in shares of NexPoint Diversified Real Estate Trust during the 2nd quarter valued at $83,000. Finally, Bank of America Corp DE lifted its position in shares of NexPoint Diversified Real Estate Trust by 36.5% during the 1st quarter. Bank of America Corp DE now owns 57,717 shares of the company’s stock valued at $270,000 after acquiring an additional 15,426 shares during the last quarter.

NexPoint Diversified Real Estate Trust Company Profile

NexPoint Diversified Real Estate Trust (NYSE: NXDT) is a publicly traded real estate investment trust that seeks to invest in a diversified portfolio of commercial real estate and real estate-related assets. The trust may pursue investments through direct ownership, joint ventures, private real estate companies and other real estate securities.

NXDT’s investment strategy can include a range of property sectors and real estate debt investments, with the goal of providing exposure to income-producing and value-oriented opportunities across the U.S.