DALLAS, Jan. 22, 2018 /PRNewswire/ -- NexPoint
Residential Trust, Inc. (NYSE: NXRT) (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)
Ex-
Dividend
Date
|
Record
Date
|
Payable
Date
|
Distribution
per Share
|
Taxable
Ordinary
Income Per
Share
|
Return of
Capital Per
Share
|
Capital Gain
Per Share
|
Unrecap.
Section 1250
Gain Per
Share*
|
|
|
|
|
|
|
|
|
3/16/2017
|
3/20/2017
|
3/31/2017
|
$0.22
|
$0.039370
|
$0.105413
|
$0.075217
|
$0.030777
|
6/13/2017
|
6/15/2017
|
6/30/2017
|
0.22
|
0.039370
|
0.105413
|
0.075217
|
0.030777
|
9/14/2017
|
9/15/2017
|
09/29/2017
|
0.22
|
0.039370
|
0.105413
|
0.075217
|
0.030777
|
12/14/2017
|
12/15/2017
|
12/29/2017
|
0.25
|
0.044739
|
0.119788
|
0.085473
|
0.034973
|
|
|
|
|
|
Totals
|
$0.91
|
$0.162849
|
$0.436027
|
$0.311124
|
$0.127304
|
|
|
|
|
|
|
|
|
|
|
|
100%
|
17.90%
|
47.92%
|
34.19%
|
40.92%
|
|
*Reflected as a
percentage of capital gain per share
|
Components may not sum to the totals due to rounding
differences. The information above presents final income
allocations.
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 Trust
NexPoint 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
http://www.nexpointliving.com
Contact:
Marilynn Meek
Financial Relations Board
212-827-3773
View original
content:http://www.prnewswire.com/news-releases/nexpoint-residential-trust-announces-2017-dividend-income-tax-treatment-300585668.html
SOURCE NexPoint Residential Trust, Inc.