(MENAFN Editorial) DALLAS, Jan. 22, 2018 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: ) (the "Company") announced today the final income allocations of the Company's 2017 dividend distributions on its common stock. The final income allocations as they will be reported on Form 1099-DIV are set forth in the following table:
Common Shares (CUSIP #65341D102)
Record
Date
Distribution
per Share
Return of
Capital Per
Share
Unrecap.
Section 1250
Gain Per
Share*
3/20/2017
3/31/2017$0.22
$0.039370$0.105413
$0.075217$0.030777
6/15/2017
6/30/20170.22
0.0393700.105413
0.0752170.030777
9/15/2017
09/29/20170.22
0.0393700.105413
0.0752170.030777
12/15/2017
12/29/20170.25
0.0447390.119788
0.0854730.034973
$0.91
$0.162849$0.436027
$0.311124$0.127304
17.90%
47.92%34.19%
40.92%
The Company encourages shareholders to consult with their own tax advisors with respect to the federal, state, and local income tax effects of these dividends.
About NexPoint Residential TrustNexPoint Residential Trust is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NXRT," primarily focused on acquiring, owning and operating well-located middle-income multifamily properties with "value-add" potential in large cities and suburban submarkets of large cities, primarily in the Southeastern and Southwestern United States. NXRT is externally advised by NexPoint Real Estate Advisors, L.P., an affiliate of Highland Capital Management, L.P., a leading global alternative asset manager and an SEC-registered investment adviser. More information about NXRT is available at
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SOURCE NexPoint Residential Trust, Inc.
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