NexPoint Residential Trust (NXRT) Reports Q2 FFO of $0.34

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NexPoint Residential Trust, Inc. Announces Quarterly Dividend

August 9, 2016 7:31 AM EDT

DALLAS, Aug. 9, 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 September 30, 2016 to stockholders of record on September 15, 2016.

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NexPoint Residential Trust, Inc. Reports Second Quarter Results

August 9, 2016 7:30 AM EDT

DALLAS, Aug. 9, 2016 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) reported financial results for the quarter ended June 30, 2016.

Second Quarter 2016 Highlights

NXRT paid a second quarter dividend of $0.206 per share of NXRT common stock on June 30, 2016. On August 8, 2016, NXRT's board of directors approved a quarterly dividend of $0.206 per share of NXRT common stock, payable on September 30, 2016 to stockholders of record on September 15, 2016 Net income totaled $16.6 million, or earnings of $0.69 per common share; includes gain on sales of three properties, Meridian, Mandarin Reserve and Park at... More