NexPoint Residential Trust (NXRT) Raises Quarterly Dividend 13.6% to $0.250; 4.3% Yield

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NexPoint Residential Trust (NXRT) Reports Q3 AFFO of $0.42

October 31, 2017 7:35 AM EDT

NexPoint Residential Trust (NYSE: NXRT) reported Q3 AFFO of $0.42, versus $0.38 reported last year. Revenue for the quarter came in at $37.1 million versus the consensus estimate of $37.22 million.

Total revenues were $37.1 million for the period, compared to $33.1 million for the prior year period.Net income was $54.1 million for the period,... More