NexPoint Real Estate Finance's Series A Preferred Stock Shares Cross 10% Yield Mark

By Preferred Stock Channel Staff, Friday, April 12, 3:02 PM ET

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In trading on Friday, shares of NexPoint Real Estate Finance Inc's 8.50% Series A Cumulative Preferred Stock (NYSE:NREF.PRA) were yielding above the 10% mark based on its quarterly dividend (annualized to $2.125), with shares changing hands as low as $21.10 on the day. This compares to an average yield of 7.93% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, NREF.PRA was trading at a 13.12% discount to its liquidation preference amount, versus the average discount of 15.16% in the "Real Estate" category.

The chart below shows the one year performance of NREF.PRA shares, versus NREF:

Performance Comparison Chart

Below is a dividend history chart for NREF.PRA, showing historical dividend payments on NexPoint Real Estate Finance Inc's 8.50% Series A Cumulative Preferred Stock:

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In Friday trading, NexPoint Real Estate Finance Inc's 8.50% Series A Cumulative Preferred Stock (NYSE:NREF.PRA) is currently off about 0.4% on the day, while the common shares (NYSE:NREF) are down about 0.8%.

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NexPoint Real Estate Finance's Series A Preferred Stock Shares Cross 10% Yield Mark

NexPoint Real Estate Finance's Series A Preferred Stock Shares Cross 10% Yield Mark | www.PreferredStockChannel.com