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NexPoint Real Estate Finance Inc | 8.50% Series A Cumulative Preferred Stock (NREF.PRA)
Prospectus excerpt: A series of Preferred Stock, designated the “8.50% Series A Cumulative Redeemable Preferred Stock” (the “Series A Preferred Stock”) is hereby established. The par value of the Series A Preferred Stock shall be $0.01 per share. The initial number of authorized shares of Series A Preferred Stock shall be 2,300,000. Full Prospectus PDF », Secondary Prospectus PDF », NREF Page »
Series: | A | Alternate symbology: | NREF-A, NREF-PA, NREFprA | Redeemable?: | Yes | Call Date: | 7/24/2025 | Perpetual?: | Yes | Cumulative?: | Yes | Shares Offered: | 2,300,000 | Liquidation Preference: | $25.00 | Recent Market Price: | $21.13 | Discount to Liquidation Preference: (More Preferreds Trading at a Discount ») | $-3.87 (-15.48%) | Annualized Dividend: | 2.125 | Recent Ex-Date: | 4/12/2024 | Current Yield: | 10.06% | Original Coupon: | 8.50% | Pay Period: | Quarterly | Pay Dates: | 25-Jan, 25-Apr, 25-Jul, 25-Oct | CDx3 Compliance Rating: |
Learn NREF.PRA's Rating
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NexPoint Real Estate Finance is a holding company. Through its subsidiaries, Co. is a commercial mortgage real estate investment trust. Co. is focused on originating, structuring and investing in first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, multifamily properties and common stock investments, as well as multifamily commercial mortgage-backed securities securitizations (CMBS securitizations), multifamily structured credit risk notes and mortgage-backed securities, or its target assets. Co.'s portfolio includes senior pooled mortgage loans backed by single family rental properties and the junior most bonds of multifamily CMBS securitizations. Preferred: NREF.PRA Open the NREF Information Page »
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Name: |
NexPoint Real Estate Finance Inc |
Website: |
www.nexpointfinance.com |
Sector: |
REITs |
Number of ETFs Holding NREF: |
14 (see which ones) |
Total Market Value Held by ETFs: |
$11,429,932 |
Total Market Capitalization: |
$228,000,000 |
% of Market Cap. Held by ETFs: |
5.01% |
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