NexPoint Diversified Real Estate Trust NXDT
NexPoint Diversified Real Estate Trust (NXDT) functions as an externally managed, diversified real estate investment trust (REIT). Both its common stock and its 5.50% Series A Cumulative Preferred Shares (Series A Preferred) are publicly traded on the New York Stock Exchange under the symbols NXDT and NXDT-PA, respectively. The Trust's core financial aim is to deliver both consistent income streams and capital growth to its shareholders. It pursues this by strategically allocating capital across a broad spectrum of commercial real estate property types. Furthermore, NXDT invests across different tiers of the capital structure, encompassing instruments such as mortgage debt, mezzanine debt, and both common and preferred equity. Key property segments targeted for investment primarily include industrial, hospitality, net lease, retail, office, storage, and healthcare. The portfolio may also encompass multifamily and single-family rental properties that are currently held. On occasion, and to a restricted degree, NXDT may also hold, acquire, or trade in certain non-real estate securities.
This overview is background from company filings and may not reflect the latest quarter — the figures above are the current data, and the SEC filings are the primary source.
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model NXDT yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $91.96M | $-125.05M | $17.74M | $-109.41M | $9.17M |
| 2024 | $37.76M | $-46.73M | $15.60M | $-39.60M | $-11.66M |
| 2023 | $-59.37M | $-117.24M | $13.94M | $-100.57M | $-24.27M |
| 2022 | $90.95M | $48.90M | $7.17M | $58.88M | $70.05M |
| 2021 | $258.95M | $250.01M | $0.00 | $250.01M | $38.07M |
| 2020 | $-109.79M | $-120.77M | $0.00 | $-120.77M | $341.90M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-09-15 | 2026-09-15 | 2026-09-30 | 2026-07-27 | $0.03 | Quarterly |
| 2026-05-22 | 2026-05-22 | 2026-06-30 | 2026-04-27 | $0.15 | Quarterly |
| 2026-02-20 | 2026-02-20 | 2026-03-31 | 2026-02-10 | $0.15 | Quarterly |
| 2025-11-21 | 2025-11-21 | 2025-12-31 | 2025-10-28 | $0.15 | Quarterly |
| 2025-08-14 | 2025-08-14 | 2025-09-30 | 2025-07-29 | $0.15 | Quarterly |
| 2025-05-09 | 2025-05-09 | 2025-06-30 | 2025-04-29 | $0.15 | Quarterly |
| 2025-02-28 | 2025-02-28 | 2025-03-31 | 2025-02-18 | $0.15 | Quarterly |
| 2024-11-15 | 2024-11-15 | 2024-12-31 | 2024-10-29 | $0.15 | Quarterly |
| 2024-08-15 | 2024-08-15 | 2024-09-30 | 2024-07-31 | $0.15 | Quarterly |
| 2024-05-14 | 2024-05-15 | 2024-06-28 | 2024-05-02 | $0.15 | Quarterly |
| 2024-02-15 | 2024-02-16 | 2024-03-28 | 2024-02-05 | $0.15 | Quarterly |
| 2023-11-16 | 2023-11-17 | 2023-12-29 | 2023-11-07 | $0.15 | Quarterly |
| 2023-08-14 | 2023-08-15 | 2023-09-29 | 2023-07-27 | $0.15 | Quarterly |
| 2023-06-14 | 2023-06-15 | 2023-06-30 | 2023-04-26 | $0.15 | Quarterly |
| 2023-03-14 | 2023-03-15 | 2023-03-31 | 2023-02-23 | $0.15 | Quarterly |
| 2022-12-14 | 2022-12-15 | 2022-12-30 | 2022-10-25 | $0.15 | Quarterly |
| 2022-09-16 | 2022-09-19 | 2022-09-30 | 2022-09-07 | $0.05 | Monthly |
| 2022-08-23 | 2022-08-24 | 2022-08-31 | 2022-08-01 | $0.05 | Monthly |
| 2022-07-21 | 2022-07-22 | 2022-08-01 | 2022-07-06 | $0.05 | Monthly |
| 2022-06-22 | 2022-06-23 | 2022-06-30 | 2022-06-01 | $0.05 | Monthly |
| 2022-05-23 | 2022-05-24 | 2022-05-31 | 2022-05-02 | $0.05 | Monthly |
| 2022-04-21 | 2022-04-22 | 2022-04-29 | 2022-04-01 | $0.05 | Monthly |
| 2022-03-23 | 2022-03-24 | 2022-03-31 | 2022-03-01 | $0.05 | Monthly |
| 2022-02-17 | 2022-02-18 | 2022-02-28 | 2022-02-01 | $0.05 | Monthly |
Coverage (payout of operating cash flow): 60.55%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — NXDT
NexPoint Diversified Real Estate Trust Announces Investor Update Call
NexPoint Diversified Real Estate Trust Announces Preferred Share Distribution
NexPoint Diversified Real Estate Trust Announces Quarterly Distribution
NexPoint Diversified Real Estate Trust (NXDT) Q1 2026 Earnings Call Prepared Remarks Transcript
NexPoint Diversified Real Estate Trust Announces Investor Update Call
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
Other Diversified REITs
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.