NexPoint Real Estate Finance invests in real estate debt and related financing positions. Borrower payments supply income, but credit losses, property values and financing costs affect cash available to common shareholders.
Business
Real-estate finance REIT
Listing
NREF · New York Stock Exchange
Reporting period
2026-06-30
Dividend schedule
Quarterly
How the business works
The company identifies cash available for distribution per diluted common share as its dividend-coverage measure. This is distinct from both its lower earnings available for distribution figure and the GAAP earnings in the existing financial chart.
Extras are shown separately and are not assumed to repeat.
Reported earnings
Each measure shown separately, per share
Cash available for distribution per share$0.58
Apr 1, 2026 to Jun 30, 2026
Dividend yield12.65%Current regular dividend rate divided by the 2026-10-22 closing price.Earnings yieldNot availableAn annual comparison needs four consecutive quarters using the same earnings definition.Latest reported earnings$0.582026 Q2; Cash available for distribution per share.Annual dividend rate$2.00The latest regular payment rate expressed over a year. Extra dividends are excluded; future payments can change.Latest reported coverage116.00%2026 Q2 earnings compared with regular dividends for that same period.
Dividend payment history
Date or month
Per share
Sep 15, 2026 (ex-dividend)
$0.50
Jun 15, 2026 (ex-dividend)
$0.50
Mar 13, 2026 (ex-dividend)
$0.50
Dec 15, 2025 (ex-dividend)
$0.50
Reported earnings and sources
Reported earnings for the latest four periods. Compare the same earnings measure across periods; different measures are not added together.
Reported GAAP diluted earnings per common share; actual reporting period, not annualized$0.2900
NREF reported cash available for distribution of $0.58 per diluted common share against a $0.50 regular dividend in each of 2026 Q1 and Q2. Its earnings available for distribution were lower, at $0.43 and $0.46 respectively, so the choice of measure matters. This historical comparison is not the Fly High forward Dividend Coverage Ratio.
Property rent or mortgage-related income, less operating and financing costs, supplies cash resources. Realized gains, noncash accounting and taxable income can differ materially from cash available for dividends.
The earnings available to shareholders depend on the cash generated by these activities after operating and financing costs. Portfolio gains, financing proceeds and recurring income should be evaluated separately.
At 2026-06-30, NexPoint Real Estate Finance, Inc. reported $5.368 billion of total assets and $4.505 billion of total liabilities.
Liabilities represented 83.9% of reported assets. This broad balance-sheet measure includes more than borrowing and must not be read as a debt-to-equity ratio. Funding costs and asset losses can both reduce the earnings available to shareholders.
NexPoint Real Estate Finance, Inc. reported $0.2900 per share for 2026-04-01 to 2026-06-30, measured as Reported GAAP diluted earnings per common share; actual reporting period, not annualized.
Actual per-share reporting period, without annualisation. Net investment income, realized gains, unrealized changes and cash distributions are different measures. This comparison is not the Fly High forward Dividend Coverage Ratio.
Income and capital are exposed to collateral performance, concentrated investments and borrowing costs.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
Higher borrowing costs or reduced access to capital can weaken cash available to common shareholders.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
Compare both company distribution measures and the regular dividend in the next quarter, then review borrower credit, property values and financing needs.
Fly High context
Compare both company distribution measures and the regular dividend in the next quarter, then review borrower credit, property values and financing needs.
Public Research notes and limitations
The reported earnings figure retains its actual reporting period and is not annualized.
Final year-end tax reporting determines ordinary income, qualified dividends where applicable, capital gains and return of capital. Tax status alone does not classify every dollar paid.
Marketstack historical dividend-chart amounts are rounded to cents and are not a payment forecast.
The final company 2025 common-share tax allocation is mostly return of capital.
Ordinary, nonqualified
5.84%
Qualified dividends
0.1%
Capital-gain distributions
0%
Return of capital
94.07%
Tax year: 2025. Total distributions: $2.00 per share.
Tax details and source
Total ordinary dividends (includes qualified)
5.93%
Section 199A portion (within ordinary dividends)
5.84%
Exempt-interest distributions
0%
Reporting form
Form 1099-DIV
Source date
2026-02-10
Qualified dividends are included in total ordinary dividends. Section 199A is a separate designation within ordinary dividends, not extra income or qualified dividend income.
Your account type, holding period and circumstances affect treatment. Use your broker’s tax statement for filing. Return of capital generally reduces cost basis; amounts beyond basis can be taxable. IRS dividend guidance.
