NexPoint Residential Trust (NXRT) Declares $0.206 Quarterly Dividend; 5.8% Yield

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NexPoint Residential Trust, Inc. Announces Quarterly Dividend

May 10, 2016 8:05 AM EDT

DALLAS, May 10, 2016 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that NXRT's board of directors has declared a quarterly dividend of $0.206 per share of NXRT common stock, payable on June 30, 2016 to stockholders of record on June 15, 2016.

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NexPoint Residential Trust, Inc. Reports First Quarter Results

May 10, 2016 8:03 AM EDT

DALLAS, May 10, 2016 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) reported financial results for the quarter ended March 31, 2016.

First Quarter 2016 Highlights

NXRT paid a first quarter dividend of $0.206 per share of NXRT common stock on March 31, 2016. On May 9, 2016, NXRT's board of directors approved a quarterly dividend of $0.206 per share of NXRT common stock, payable on June 30, 2016 to stockholders of record on June 15, 2016 Net income totaled $0.3 million, or $0.01 per common share; includes depreciation and amortization of $9.6 million, compared to a net loss of $(1.9) million, or $(0.10) per... More