Five Firms Set Quarterly Dividend Payments
Nexstar Media declared a quarterly dividend of $1.86 per share, while NexPoint Real Estate Finance, NexPoint Residential Trust and NexPoint Diversified Real Estate Trust announced quarterly dividends of $0.50, $0.53 and $0.03 per share, respectively. NNN REIT declared a quarterly dividend of $0.62 per share. The announced yields range from 2.3% for NexPoint Diversified Real Estate Trust to 12.9% for NexPoint Real Estate Finance; reports cautioned that NexPoint Real Estate Finance and NexPoint Residential Trust may not cover their annual dividends with expected earnings, while NNN REIT’s projected earnings suggest improved coverage.
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