NexPoint Real Estate Finance Reveals 2024 Dividend Tax Treatment Details

  • Key Takeaways
  • Overview Of Dividend Allocations
    • Common Shares (CUSIP #65342V101)
    • Series A Preferred Shares (CUSIP #65342V408)
    • Series B Preferred Shares (Various CUSIPs)
  • Conclusion
  • Sources

NexPoint Real Estate Finance, Inc. has announced the final income allocations for its 2024 dividend distributions, providing clarity on the tax treatment for its common and preferred stockholders. This announcement is crucial for investors as it outlines how dividends will be reported for tax purposes.

Key Takeaways

  • Dividend Distribution Dates: The company has specified the ex-dividend, record, and payable dates for its common and preferred shares.

  • Taxable Income Breakdown: The report details the taxable ordinary income and return of capital for each type of share.

  • Qualified REIT Dividends: A significant portion of the taxable income is treated as qualified REIT dividends, which may have favorable tax implications for investors.

Overview Of Dividend Allocations

NexPoint Real Estate Finance has provided a detailed breakdown of its dividend distributions for 2024. Below is a summary of the allocations for common shares, Series A preferred shares, and Series B preferred shares:

Common Shares (CUSIP #65342V101)

Ex-Dividend DateRecord DatePayable DateDistribution Per ShareTaxable Ordinary Income Per ShareReturn of Capital Per Share
3/14/20243/15/20243/28/2024$0.50000$0.45344$0.04656
6/14/20246/14/20246/28/2024$0.50000$0.45344$0.04656
9/13/20249/13/20249/30/2024$0.50000$0.45344$0.04656
12/13/202412/13/202412/31/2024$0.50000$0.45344$0.04656

Total for Common Shares:

  • Total Distribution: $2.00000

  • Total Taxable Ordinary Income: $1.81376

  • Total Return of Capital: $0.18624

Series A Preferred Shares (CUSIP #65342V408)

Ex-Dividend DateRecord DatePayable DateDistribution Per ShareTaxable Ordinary Income Per ShareReturn of Capital Per Share
1/11/20241/12/20241/25/2024$0.53125$0.53125$0.00000
4/12/20244/15/20244/25/2024$0.53125$0.53125$0.00000
7/15/20247/15/20247/25/2024$0.53125$0.53125$0.00000
10/15/202410/15/202410/25/2024$0.53125$0.53125$0.00000

Total for Series A Preferred Shares:

  • Total Distribution: $2.12500

  • Total Taxable Ordinary Income: $2.12500

  • Total Return of Capital: $0.00000

Series B Preferred Shares (Various CUSIPs)

Ex-Dividend DateRecord DatePayable DateDistribution Per ShareTaxable Ordinary Income Per ShareReturn of Capital Per Share
1/24/20241/25/20242/5/2024$0.18750$0.18750$0.00000
2/22/20242/23/20243/5/2024$0.18750$0.18750$0.00000
3/22/20243/25/20244/5/2024$0.18750$0.18750$0.00000
4/24/20244/25/20245/6/2024$0.18750$0.18750$0.00000
5/23/20245/24/20246/5/2024$0.18750$0.18750$0.00000
6/25/20246/25/20247/5/2024$0.18750$0.18750$0.00000
7/25/20247/25/20248/5/2024$0.18750$0.18750$0.00000
8/23/20248/23/20249/5/2024$0.18750$0.18750$0.00000
9/25/20249/25/202410/7/2024$0.18750$0.18750$0.00000
10/25/202410/25/202411/5/2024$0.18750$0.18750$0.00000
11/25/202411/25/202412/5/2024$0.18750$0.18750$0.00000
12/24/202412/24/20241/6/2025$0.18750$0.18750$0.00000

Total for Series B Preferred Shares:

  • Total Distribution: $2.25

  • Total Taxable Ordinary Income: $2.25

  • Total Return of Capital: $0.00000

Conclusion

NexPoint Real Estate Finance's announcement provides essential information for investors regarding the tax treatment of their dividends for 2024. Understanding these allocations can help shareholders make informed decisions regarding their investments and tax planning strategies.

Sources

  • NexPoint Real Estate Finance Announces 2024 Dividend Income Tax Treatment, Yahoo Finance.

Did you like this story?

Please share by clicking this button!

This page was generated by the plugin

Visit our site and see all other available articles!

Want to see more?