Nexpoint Residential Trust Announces 2024 Dividend Income Tax Treatment

Core Viewpoint - NexPoint Residential Trust, Inc. has announced the final income allocations for its 2024 dividend distributions on common stock, detailing the taxable and non-taxable components of the dividends [1][2]. Dividend Distribution Summary - The total dividend distribution for 2024 amounts to $1.89726 per share, with$1.28868 classified as taxable ordinary income and $0.60858 as return of capital [1]. - The breakdown of the dividends per share for each quarter is as follows: - Q1:$0.46242 ordinary income, $0.31409 unrecaptured Section 1250 gain,$0.19558 return of capital - Q2: $0.46242 ordinary income,$0.31409 unrecaptured Section 1250 gain, $0.19558 return of capital - Q3:$0.46242 ordinary income, $0.31409 unrecaptured Section 1250 gain,$0.19558 return of capital - Q4: $0.51000 ordinary income,$0.34641 unrecaptured Section 1250 gain, $0.21571 return of capital [1]. - 100% of the taxable ordinary income is treated as a qualified REIT dividend for Section 199A purposes [1]. Company Overview - NexPoint Residential Trust is a publicly traded Real Estate Investment Trust (REIT) focused on acquiring, owning, and operating middle-income multifamily properties with value-add potential in major urban and suburban markets, primarily in the Southeastern and Southwestern United States [3]. - The company is externally advised by NexPoint Real Estate Advisors, L.P., which is affiliated with NexPoint Advisors, L.P., an SEC-registered investment advisor with extensive real estate experience [3].