NexPoint Diversified Real Estate Trust (NYSE:NXDT – Get Free Report) insider James D. Dondero acquired 24,828 shares of the firm’s stock in a transaction that occurred on Wednesday, June 26th. The shares were purchased at an average price of 5.10 per share, with a total value of 126,622.80. Following the acquisition, the insider now owns 232,649 shares of the company’s stock, valued at approximately 1,186,509.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
NexPoint Diversified Real Estate Trust Price Performance
Shares of NXDT traded up 0.08 on Thursday, hitting 5.20. The company’s stock had a trading volume of 322,800 shares, compared to its average volume of 139,649. The firm’s fifty day moving average price is 5.56 and its 200-day moving average price is 6.38. NexPoint Diversified Real Estate Trust has a fifty-two week low of 4.67 and a fifty-two week high of 13.07.
NexPoint Diversified Real Estate Trust Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Wednesday, May 15th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 11.54%. The ex-dividend date is Tuesday, May 14th.
Institutional Trading of 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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