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NexPoint Residential Trust (NexPoint Residential Trust) 3-Year Dividend Growth Rate : 10.40% (As of Dec. 2023)


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What is NexPoint Residential Trust 3-Year Dividend Growth Rate?

NexPoint Residential Trust's Dividends per Share for the three months ended in Dec. 2023 was $0.46.

The historical rank and industry rank for NexPoint Residential Trust's 3-Year Dividend Growth Rate or its related term are showing as below:

NXRT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 10.4   Med: 11.1   Max: 18.4
Current: 10.4

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of NexPoint Residential Trust was 18.40% per year. The lowest was 10.40% per year. And the median was 11.10% per year.

NXRT's 3-Year Dividend Growth Rate is ranked better than
76.28% of 506 companies
in the REITs industry
Industry Median: 2.1 vs NXRT: 10.40

During the past 12 months, NexPoint Residential Trust's average Dividends Per Share Growth Rate was 10.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

NexPoint Residential Trust's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.66. As of today, NexPoint Residential Trust's Dividend Yield % is 5.30%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of NexPoint Residential Trust Inc is 1.03, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of NexPoint Residential Trust's 3-Year Dividend Growth Rate

For the REIT - Residential subindustry, NexPoint Residential Trust's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NexPoint Residential Trust's 3-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, NexPoint Residential Trust's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where NexPoint Residential Trust's 3-Year Dividend Growth Rate falls into.



NexPoint Residential Trust 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


NexPoint Residential Trust  (NYSE:NXRT) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

NexPoint Residential Trust's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ Earnings per Share (Diluted) (Q: Dec. 2023 )
=0.462/ 0.7
=0.66

During the past 11 years, the highest Dividend Payout Ratio of NexPoint Residential Trust was 2.65. The lowest was 0.74. And the median was 1.72.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of NexPoint Residential Trust Inc is 1.03, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

NexPoint Residential Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4622024-03-142024-03-152024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.4622023-12-142023-12-152023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.4202023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.4202023-06-142023-06-152023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

NexPoint Residential Trust's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.764/33.27
=5.30 %

Current Share Price is $33.27.
NexPoint Residential Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.764.

During the past 11 years, the highest Dividend Yield of NexPoint Residential Trust was 6.28%. The lowest was 1.42%. And the median was 3.18%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NexPoint Residential Trust 3-Year Dividend Growth Rate Related Terms>


NexPoint Residential Trust (NexPoint Residential Trust) Business Description

Traded in Other Exchanges
N/A
Address
300 Crescent Court, Suite 700, Dallas, TX, USA, 75201
NexPoint Residential Trust Inc is an us-based real estate investment trust company. Its company's investment objectives are to maximize the cash flow and value of properties owned, acquire properties with cash flow growth potential, provide quarterly cash distributions, and achieve long-term capital appreciation for stockholders. The company seeks to achieve these objectives through targeted management and a capex value-add program. It focuses on acquiring multifamily properties in markets with attractive job growth and household formation fundamentals primarily in the Southeastern and Southwestern United States. The company generates revenue from the rental of multifamily properties.
Executives
Brian Mitts director, officer: See Remarks 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
James D Dondero director, 10 percent owner, officer: President 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Sauter Dennis Charles Jr officer: General Counsel 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Arthur B Laffer director 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Carol Swain director C/O NEXPOINT RESIDENTIAL TRUST, INC., 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Catherine D Wood director 200 CENTRAL AVENUE, SUITE 1850, ST. PETERSBURG FL 33701
Matt Mcgraner officer: See Remarks 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Matthew Goetz officer: See Remarks 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Highland Capital Management Fund Advisors, L.p. 10 percent owner 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Edward N. Constantino director DLC REALTY TRUST, INC., 580 WHITE PLAINS ROAD, TARRYTOWN NY 10591
Scott F Kavanaugh director 25342 DERBYHILL DR., LAGUNA HILLS CA 92653
Nexpoint Advisors, L.p. 10 percent owner 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Scott Ellington officer: General Counsel and Secretary 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Nexpoint Diversified Real Estate Trust 10 percent owner 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Highland Capital Management Lp 10 percent owner 100 CRESCENT COURT, SUITE 1850, DALLAS TX 75201