Reports Q4 earnings available for distribution of 49c vs. 54c a year ago. Chief Investment Officer Matt McGraner said "NREF is proud to declare a special dividend of 18.5c per share in addition to our Q1 of 50c per share due to our strong 2022 results. The company generated over $12.5M of undistributed income during the year, to be distributed to our shareholders throughout 2023. Looking ahead to 2023, amid the current dislocated real estate financing market, we’re excited about our attractive financing pipeline of investments in single-family rental, life sciences and multifamily."
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on NREF:
- NREF Announces Fourth Quarter and Full Year 2022 Results, Provides First Quarter 2023 Guidance, Announces Special Dividend
- NexPoint Real Estate Finance, Inc. Announces Quarterly and Special Dividends
- NexPoint Real Estate Finance, Inc. Announces Preferred Stock Dividend
- NexPoint Real Estate Finance, Inc. Announces 2022 Dividend Income Tax Treatment
