DALLAS, Feb. 27,
2024 /PRNewswire/ -- NexPoint Diversified Real Estate
Trust ("NXDT") (NYSE: NXDT) announced today the final income
allocations of the Company's 2023 dividend distributions on its
common shares and preferred shares. The final income allocations as
they will be reported on Form 1099-DIV are set forth in the
following table:
Common Shares (CUSIP # 65340G205, NYSE Ticker:
NXDT)
Ex
Dividend
Date
|
Record
Date
|
Payable
Date
|
Distribution
Per Share
|
Taxable
Ordinary
Income
Per Share
|
Taxable
Capital
Gain
Distr. Per
Share
|
Return of
Capital
Per Share
|
Section
199A
Dividends
Per Share
|
Qualified
Dividend
Income
Per Share
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3/14/2023
|
3/15/2023
|
3/31/2023
|
$0.15000
|
$0.00000
|
$0.00000
|
$0.15000
|
$0.00000
|
$0.00000
|
6/14/2023
|
6/15/2023
|
6/30/2023
|
$0.15000
|
$0.00000
|
$0.00000
|
$0.15000
|
$0.00000
|
$0.00000
|
8/14/2023
|
8/15/2023
|
9/29/2023
|
$0.15000
|
$0.00000
|
$0.00000
|
$0.15000
|
$0.00000
|
$0.00000
|
11/16/2023
|
11/17/2023
|
12/29/2023
|
$0.15000
|
$0.00000
|
$0.00000
|
$0.15000
|
$0.00000
|
$0.00000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Totals
|
$0.60000
|
$0.00000
|
$0.00000
|
$0.60000
|
$0.00000
|
$0.00000
|
|
|
|
|
|
|
|
|
|
|
|
|
100.00 %
|
0.00 %
|
0.00 %
|
100.00 %
|
|
|
|
|
|
|
|
|
|
|
|
Preferred Shares (CUSIP # 65340G304), NYSE Ticker: NXDT
PRA)1
Ex
Dividend
Date
|
Record
Date
|
Payable
Date
|
Distribution
Per Share
|
Taxable
Ordinary
Income
Per Share
|
Capital Gain
Distributions
Per Share
|
Return of
Capital
Per Share
|
Section
199A
Dividends
Per Share
|
Qualified
Dividend
Income
Per Share
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12/22/2022
|
12/23/2022
|
1/3/2023
|
$0.34375
|
$0.00000
|
$0.00000
|
$0.34375
|
$0.00000
|
$0.00000
|
3/23/2023
|
3/24/2023
|
3/31/2023
|
$0.34375
|
$0.00000
|
$0.00000
|
$0.34375
|
$0.00000
|
$0.00000
|
6/22/2023
|
6/23/2023
|
6/30/2023
|
$0.34375
|
$0.00000
|
$0.00000
|
$0.34375
|
$0.00000
|
$0.00000
|
9/22/2023
|
9/25/2023
|
10/2/2023
|
$0.34375
|
$0.00000
|
$0.00000
|
$0.34375
|
$0.00000
|
$0.00000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Totals
|
$1.37500
|
$0.00000
|
$0.00000
|
$1.37500
|
$0.00000
|
$0.00000
|
|
|
|
|
|
|
|
|
|
|
|
|
100.00 %
|
0.00 %
|
0.00 %
|
100.00 %
|
|
|
|
|
|
|
|
|
|
|
|
1Pursuant to Section 857(b)(9) of the Internal
Revenue Code of 1986, cash distributions made on January 2, 2024, with a record date of
December 22, 2023, are treated as
received by stockholders on December 31,
2023, to the extent of 2023 earnings and profits. As NXDT's
2023 cash distributions exceeded its 2023 earnings and profits, the
January 2024 cash distribution
declared in the fourth quarter of 2023 will be treated as a 2024
distribution for federal income tax purposes and not included on
the 2023 Form 1099. If you were a stockholder of record as of
December 22, 2023, the $0.34375 distribution payable on January 2, 2024 will be reported on your 2024
Form 1099.
Components may not sum to the totals due to rounding
differences. The information above presents final income
allocations.
The Company encourages shareholders to consult with their own
tax advisors with respect to the federal, state, and local income
tax effects of these dividends.
About NexPoint Diversified Real Estate Trust
NexPoint Diversified Real Estate Trust is an externally advised,
publicly traded, diversified real estate investment trust (REIT)
focused on the acquisition, development, and management of
opportunistic and value-add investments throughout the United States across multiple sectors
where NexPoint and its affiliates have operational expertise. NXDT
is externally advised by NexPoint Real Estate Advisors X, L.P. For
more information, please visit nxdt.nexpoint.com.
CONTACTS
Investor Relations
Kristen
Thomas
IR@nexpoint.com
Media Relations
Prosek Partners for NexPoint
pro-nexpoint@prosek.com
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SOURCE NexPoint Diversified Real Estate Trust