In trading on Wednesday, shares of NexPoint Real Estate Finance Inc’s 8.50% Series A Cumulative Preferred Stock (Symbol: NREF.PRA) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.125), with shares changing hands as low as $24.73 on the day. This compares to an average yield of 8.09% in the “Real Estate” preferred stock category, according to Preferred Stock Channel. As of last close, NREF.PRA was trading at a 0.08% premium to its liquidation preference amount, versus the average discount of 14.15% in the “Real Estate” category.
The chart below shows the one year performance of NREF.PRA shares, versus NREF:
Below is a dividend history chart for NREF.PRA, showing historical dividend payments on NexPoint Real Estate Finance Inc’s 8.50% Series A Cumulative Preferred Stock:
In Wednesday trading, NexPoint Real Estate Finance Inc’s 8.50% Series A Cumulative Preferred Stock (Symbol: NREF.PRA) is currently off about 0.9% on the day, while the common shares (Symbol: NREF) are down about 1%.
