DALLAS, Oct. 29, 2019 /PRNewswire/ -- NexPoint
Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that
its board of directors unanimously approved a 13.6% increase in
NXRT's quarterly dividend. The board of directors declared a
dividend of $0.3125 per share of NXRT
common stock (an increase of $0.0375
per share), payable on December 31,
2019 to stockholders of record on December 17, 2019.
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://www.nexpointliving.com.
Contact:
Jackie
Graham
Investor Relations Manager
972-628-4024
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SOURCE NexPoint Residential Trust, Inc.