NexPoint Residential Trust As of January 30, 2023 ticker dps (an.) 2023 hike 2022 hike 2021 hike
NXRT $1.68 0.0% 10.5% 11.3%
Business yield Hike yrs 5 yr CAGR freq. paid since
Multifamily REIT 3.4% 7 10.9% Quarter 2015
NexPoint Residential Trust hikes dividend by 10.5%

On October 25, 2022, NexPoint Residential Trust, Inc. (NXRT) announced that it will increase its quarterly dividend by 10.5 percent to $0.42 per share. This will mark 7 consecutive years of dividend growth and follows a dividend hike of 11.3% in 2021.

The increased NXRT dividend will be payable on December 30, 2022, to stockholders of record on December 15, 2022. A new annual rate of $1.68 per share yields 3.9% at a stock price of $43.40.

NexPoint Residential Trust, Inc is an externally advised Real Estate Investment Trust (REIT), focused on the acquisition, asset management, and disposition of multifamily assets, located primarily in the Southeast United States and Texas. NXRT is externally advised by NexPoint Real Estate Advisors, L.P. an affiliate of Highland Capital Management, L.P.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Feb 01 FAST 2.8% 12.9%
Feb 02 BRO 0.8% 0.0%
Feb 02 NSC 2.3% 8.9%
Feb 02 WFC 2.6% 0.0%
Feb 02 LW 1.1% 0.0%
Feb 02 COST 0.7% 0.0%
Feb 03 BKR 2.5% 0.0%
Feb 03 C 3.9% 0.0%
Feb 03 COF 2.1% 0.0%
Feb 06 AWK 1.7% 0.0%