NexPoint Residential Trust Announces 2023 Dividend Income Tax Treatment

NexPoint Residential Trust Inc -0.14%

NexPoint Residential Trust Inc

NXRT

36.49

-0.14%

DALLAS, Jan. 30, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today the final income allocations of the Company's 2023 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:

(PRNewsfoto/NexPoint Residential Trust, Inc.)

Common Shares (CUSIP #65341D102)

































Ex

Dividend

Date

Record

Date

Payable

Date

Distribution

Per Share

Taxable

Ordinary

Income

Per Share

(1)

Taxable

Capital Gain

Distr.

Per Share

(2)(3)

Unrecap.

Sec.

1250

Gain

Per

Share

Return of

Capital

Per Share













































3/14/2023

3/15/2023

3/31/2023

$0.42000

$0.00000

$0.42000

$0.13449

$0.00000





6/14/2023

6/15/2023

6/30/2023

$0.42000

$0.00000

$0.42000

$0.13449

$0.00000





9/14/2023

9/15/2023

9/29/2023

$0.42000

$0.00000

$0.42000

$0.13449

$0.00000





12/14/2023

12/15/2023

12/29/2023

$0.46242

$0.00000

$0.46242

$0.14730

$0.00000

















































Totals

$1.72242

$0.00000

$1.72242

$0.55079

$0.00000































100.00 %



100.00 %



0.00 %

























(1) 100% of the amount reported as Taxable Ordinary Income is treated as a qualified REIT dividend for purposes of Section 199A

(2) The Section 897 Capital Gain amount is equal to 100% of the total Capital Gain Distribution







(3) Pursuant to Treasury Regulation §1.1061-6(c), NexPoint Residential Trust is disclosing additional information related to the

capital gain distributions reported on Form 1099-DIV, for purposes of Section 1061. Section 1061 is generally applicable to

direct and indirect holders of "applicable partnership interests." The "One Year Amounts" and "Three Year Amounts" required

 to be disclosed are both zero with respect to the 2023 distributions, since all capital gain dividends relate to Section 1231 gains.

 

About NXRT

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 NexPoint Advisors, L.P., an SEC-registered investment advisor, which has extensive real estate experience. More information about the Company is available at http://www.nxrt.nexpoint.com.

CONTACTS

Investor Relations

Kristen Thomas

IR@nexpoint.com

Media Relations

Prosek Partners for NexPoint

pro-nexpoint@prosek.com

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SOURCE NexPoint Residential Trust

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