DALLAS, Jan. 30, 2024 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. (NYSE: NREF) (the "Company") announced today the final income allocations of the Company's 2023 dividend distributions on its common stock, Series A Preferred Stock and Series B Preferred Stock. The final income allocations as they will be reported on Form 1099-DIV are set forth in the following table:
Common Shares (CUSIP #65342V101) |
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Ex Dividend Date | Record Date | Payable Date | Distribution Per Share | Taxable Ordinary Income Per Share (1)(4) | Capital Gain Distributions Per Share (2)(3)(4) | Return of Capital Per Share |
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3/14/2023 | 3/15/2023 | 3/31/2023 | $0.50000 | $0.35401 | $0.03991 | $0.10608 |
3/14/2023 | 3/15/2023 | 3/31/2023 | $0.18500 | $0.13098 | $0.01477 | $0.03925 |
6/14/2023 | 6/15/2023 | 6/30/2023 | $0.50000 | $0.29142 | $0.00000 | $0.20858 |
6/14/2023 | 6/15/2023 | 6/30/2023 | $0.18500 | $0.10782 | $0.00000 | $0.07718 |
9/14/2023 | 9/15/2023 | 9/29/2023 | $0.50000 | $0.29142 | $0.00000 | $0.20858 |
9/14/2023 | 9/15/2023 | 9/29/2023 | $0.18500 | $0.10782 | $0.00000 | $0.07718 |
12/14/2023 | 12/15/2023 | 12/29/2023 | $0.50000 | $0.29142 | $0.00000 | $0.20858 |
12/14/2023 | 12/15/2023 | 12/29/2023 | $0.18500 | $0.10782 | $0.00000 | $0.07718 |
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| Totals | $2.74000 | $1.68271 | $0.05468 | $1.00261 |
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| 100.00 % | 61.41 % | 2.00 % | 36.59 % |
Series A Preferred Shares (CUSIP #65342V408) |
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Ex Dividend Date | Record Date | Payable Date | Distribution Per Share | Taxable Ordinary Income Per Share (1)(4) | Capital Gain Distributions Per Share (2)(3)(4) | Return of Capital Per Share |
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1/12/2023 | 1/13/2023 | 1/25/2023 | $0.53125 | $0.44655 | $0.08470 | $0.00000 |
4/12/2023 | 4/13/2023 | 4/25/2023 | $0.53125 | $0.53125 | $0.00000 | $0.00000 |
7/12/2023 | 7/13/2023 | 7/25/2023 | $0.53125 | $0.53125 | $0.00000 | $0.00000 |
10/12/2023 | 10/13/2023 | 10/25/2023 | $0.53125 | $0.53125 | $0.00000 | $0.00000 |
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| Totals | $2.12500 | $2.04030 | $0.08470 | $0.00000 |
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| 100.00 % | 96.01 % | 3.99 % | 0.00 % |
Series B Preferred Shares (CUSIP #65342V507) |
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Ex Dividend Date | Record Date | Payable Date | Distribution Per Share | Taxable Ordinary Income Per Share (1) | Capital Gain Distributions Per Share | Return of Capital Per Share |
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12/21/2023 | 12/22/2023 | 1/5/2024 | $0.18750 | $0.18750 | $0.00000 | $0.00000 |
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| Totals | $0.18750 | $0.18750 | $0.00000 | $0.00000 |
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| 100.00 % | 100.00 % | 0.00 % | 0.00 % |
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(1) 100% of the amount reported as Taxable Ordinary Income is treated as a qualified REIT dividend for purposes of Section 199A |
(2) The Section 897 Capital Gain amount is equal to 0% of the total Capital Gain Distribution |
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(3) Pursuant to Treasury Regulation §1.1061-6(c), NexPoint Real Estate Finance is disclosing additional information related to the |
capital gain distributions reported on Form 1099-DIV, for purposes of Section 1061. Section 1061 is generally applicable to |
direct and indirect holders of "applicable partnership interests." The "One Year Amounts Disclosure" is equal to 100% of the |
total capital gain distribution and the "Three Year Amounts Disclosure" is equal to 0% of the capital gain distribution. None |
of the capital gains distributions relate to Section 1231 gains. |
(4) The Company has elected to apply Section 858 to a portion of it's current year dividends from the REIT's 2022 Earnings & Profits. |
The Section 858 election was applied to the Common and Series A Preferred Dividends payable in Q1 2023. |
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About NexPoint Real Estate Finance, Inc.
NexPoint Real Estate Finance, Inc., is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NREF" primarily focused on originating, structuring and investing in first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, multifamily properties and common equity investments, as well as multifamily commercial mortgage-backed securities securitizations, multifamily structured credit risk notes and mortgage-backed securities. More information about the Company is available at nref.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 Real Estate Finance, Inc.