NexPoint Residential Trust (NXRT) Misses Q3 FFO by 4c; Guides FY16 FFO
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November 10, 2016 7:31 AM EST
DALLAS, Nov. 10, 2016 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that on November 7, 2016 NXRT's board of directors declared a quarterly dividend of $0.220 per share of NXRT common stock, a $0.014 per share, or 6.8% increase, over the prior quarter's... More
November 10, 2016 7:30 AM EST
DALLAS, Nov. 10, 2016 /PRNewswire/ --Â NexPoint Residential Trust, Inc. (NYSE: NXRT) reported financial results for the quarter ended September 30, 2016.
Third Quarter 2016 Highlights
NXRT paid a third quarter dividend of $0.206 per share of NXRT common stock on September 30, 2016.
On November 7, 2016, NXRT's board of directors approved a quarterly dividend of $0.220 per share of NXRT common stock, a $0.014 per share, or 6.8% increase, over the prior quarter's dividend. The dividend is payable on December 30, 2016 to stockholders of record on December 15, 2016.
Net income totaled $8.8 million, or earnings of...
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