NexPoint Diversified Real Estate Trust (NYSE:NXDT) Plans Quarterly Dividend of $0.15

NexPoint Diversified Real Estate Trust (NYSE:NXDT) announced a quarterly dividend on Tuesday, February 10th. Stockholders of record on Friday, February 20th will be given a dividend of 0.15 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 12.4%. The ex-dividend date is Friday, February 20th.

NexPoint Diversified Real Estate Trust Stock Performance

Shares of NYSE NXDT traded up $0.12 during mid-day trading on Tuesday, reaching $4.82. 205,819 shares of the company traded hands, compared to its average volume of 449,932. The company’s fifty day moving average is $3.94 and its two-hundred day moving average is $3.76. NexPoint Diversified Real Estate Trust has a fifty-two week low of $2.55 and a fifty-two week high of $5.26.

Insider Buying and Selling

In other news, Director Brian Mitts sold 14,449 shares of NexPoint Diversified Real Estate Trust stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $4.18, for a total value of $60,396.82. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Institutional Trading of NexPoint Diversified Real Estate Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC lifted its holdings in shares of NexPoint Diversified Real Estate Trust by 1.1% during the second quarter. Geode Capital Management LLC now owns 958,431 shares of the company’s stock valued at $4,017,000 after acquiring an additional 10,399 shares during the period. Matisse Capital increased its holdings in shares of NexPoint Diversified Real Estate Trust by 15.2% in the third quarter. Matisse Capital now owns 944,847 shares of the company’s stock valued at $3,486,000 after purchasing an additional 124,947 shares in the last quarter. GatePass Capital LLC increased its stake in shares of NexPoint Diversified Real Estate Trust by 7.9% in the 3rd quarter. GatePass Capital LLC now owns 433,362 shares of the company’s stock valued at $1,599,000 after buying an additional 31,562 shares during the period. Oppenheimer & Co. Inc. raised its position in shares of NexPoint Diversified Real Estate Trust by 1.2% during the fourth quarter. Oppenheimer & Co. Inc. now owns 350,777 shares of the company’s stock worth $1,343,000 after acquiring an additional 4,007 shares during the last quarter. Finally, UBS Group AG lifted its stake in shares of NexPoint Diversified Real Estate Trust by 1,192.5% during the third quarter. UBS Group AG now owns 303,173 shares of the company’s stock valued at $1,119,000 after acquiring an additional 279,717 shares during the period.

About NexPoint Diversified Real Estate Trust

NexPoint Diversified Real Estate Trust (NYSE: NXDT) is a real estate investment trust focused on building a diversified portfolio of commercial properties across the United States. Since commencing operations through its initial public offering in mid-2021, the company has pursued an opportunistic strategy, targeting value-add and well-located assets in key growth markets. Its investment mandate spans multiple property types, including multifamily residential, office, industrial, retail and hospitality, with an emphasis on generating sustainable income and potential for capital appreciation.

The trust is externally managed by NexPoint Advisors, L.P., a real estate investment firm with a track record of sourcing, underwriting and asset-managing commercial properties.