NexPoint Diversified Real Estate Trust (NYSE:NXDT – Get Free Report) Director Arthur B. Laffer purchased 20,000 shares of the company’s stock in a transaction on Monday, April 8th. The stock was bought at an average price of 6.12 per share, for a total transaction of 122,400.00. Following the completion of the purchase, the director now directly owns 68,276 shares of the company’s stock, valued at 417,849.12. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.
NexPoint Diversified Real Estate Trust Trading Up 3.8 %
Shares of NexPoint Diversified Real Estate Trust stock opened at 6.48 on Friday. NexPoint Diversified Real Estate Trust has a 52 week low of 5.82 and a 52 week high of 13.07. The firm’s 50 day moving average is 6.39 and its two-hundred day moving average is 7.39.
NexPoint Diversified Real Estate Trust Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, February 16th were paid a $0.15 dividend. The ex-dividend date was Thursday, February 15th. This represents a $0.60 annualized dividend and a yield of 9.26%.
Hedge Funds Weigh In On NexPoint Diversified Real Estate Trust
NexPoint Diversified Real Estate Trust Company Profile
NexPoint Diversified Real Estate Trust (NXDT) is an externally advised diversified real estate investment trust (REIT), with its shares of common stock and 5.50% Series A Cumulative Preferred Shares listed on the New York Stock Exchange under the symbols NXDT and NXDT-PA, respectively. As a diversified REIT, NXDT's primary investment objective is to provide both current income and capital appreciation.
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