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
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SOURCE NexPoint Residential Trust, Inc.