NexPoint Residential Raised Quarterly Dividend Per Share By 10.1% To $0.46242
Portfolio Pulse from Benzinga Newsdesk
NexPoint Residential Trust (NXRT) has announced a 10.1% increase in its quarterly dividend per share, raising it to $0.46242.
October 31, 2023 | 12:20 pm
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NexPoint Residential Trust's decision to increase its quarterly dividend per share by 10.1% to $0.46242 could make the stock more attractive to income-focused investors.
Dividend increases are generally seen as a positive signal by the market, indicating a company's confidence in its future earnings. This could potentially attract more investors, particularly those focused on income, which could drive up the stock price in the short term.
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