NexPoint Real Estate Finance Announces 2024 Dividend Distributions
Income Allocations for Common Stock, Preferred Stock
DALLAS, Feb. 7, 2025 /PRNewswire/ — NexPoint Real Estate Finance, Inc. (NYSE: NREF) (the “Company”) announced today the final income allocations of the Company’s 2024 dividend distributions on its common stock, Series A Preferred Stock, and Series B Preferred Stock.
The final income allocations as they will be reported on Form 1099-DIV are set forth as follows:
Common Shares (CUSIP #65342V101)
Ex Dividend Date: 3/14/2024
Record Date: 3/15/2024
Payable Date: 3/28/2024
Distribution Per Share: $0.50000
Taxable Ordinary Income Per Share: $0.45344
Return of Capital Per Share: $0.04656
…
Totals: $2.00000 distribution, $1.81376 taxable ordinary income, $0.18624 return of capital
Series A Preferred Shares (CUSIP #65342V408)
Ex Dividend Date: 1/11/2024
Record Date: 1/12/2024
Payable Date: 1/25/2024
Distribution Per Share: $0.53125
Taxable Ordinary Income Per Share: $0.53125
Return of Capital Per Share: $0.00000
…
Totals: $2.12500 distribution, $2.12500 taxable ordinary income, $0.00000 return of capital
Series B Preferred Shares (Various CUSIPs)
Ex Dividend Date: 1/24/2024
Record Date: 1/25/2024
Payable Date: 2/5/2024
Distribution Per Share: $0.18750
Taxable Ordinary Income Per Share: $0.18750
Return of Capital Per Share: $0.00000
…
Totals: $2.25 distribution, $2.25 taxable ordinary income, $0.00000 return of capital
(1) 99.24% of the amount reported as Taxable Ordinary Income is treated as a qualified REIT dividend for purposes of Section 199A.
Impact on Individuals
The income allocations announced by NexPoint Real Estate Finance may have tax implications for individual investors who hold their common stock, Series A Preferred Stock, and Series B Preferred Stock. It is important for investors to consult with their financial advisors or tax professionals to understand how these distributions may affect their personal tax situation.
Global Impact
On a larger scale, the dividend distributions by NexPoint Real Estate Finance reflect the company’s financial performance and its ability to provide returns to shareholders. This can contribute to investor confidence in the real estate finance sector and the overall economy.
Conclusion
In conclusion, the final income allocations of the 2024 dividend distributions by NexPoint Real Estate Finance provide valuable insights into the company’s financial health and the potential impact on investors. It is essential for investors to assess the implications of these distributions on their financial plans and seek professional advice as needed.
