NexPoint Diversified Real Estate Trust (NYSE:NXDT – Get Free Report) insider Matt Mcgraner purchased 5,000 shares of NexPoint Diversified Real Estate Trust stock in a transaction dated Friday, June 21st. The stock was bought at an average price of 4.74 per share, with a total value of 23,700.00. Following the completion of the purchase, the insider now directly owns 63,965 shares of the company’s stock, valued at 303,194.10. The purchase was disclosed in a legal filing with the SEC, which is available through this link.
NexPoint Diversified Real Estate Trust Price Performance
NXDT opened at 5.12 on Thursday. The company’s 50 day moving average is 5.56 and its 200 day moving average is 6.38. NexPoint Diversified Real Estate Trust has a 12-month low of 4.67 and a 12-month high of 13.07.
NexPoint Diversified Real Estate Trust Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Wednesday, May 15th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 11.72%. The ex-dividend date is Tuesday, May 14th.
Hedge Funds Weigh In On NexPoint Diversified Real Estate Trust
About NexPoint Diversified Real Estate Trust
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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