NexPoint Real Estate Finance's Series A Preferred Stock Shares Cross 8.5% Yield Mark

NexPoint Real Estate Finance Inc’s 8.50% Series A cumulative preferred (NREF.PRA) was trading with a yield above 8.5% based on its quarterly dividend annualized to $2.125. Shares traded as low as $24.73 during the session. The report is primarily pricing/yield information with limited evidence of a fundamental catalyst.

Analysis

NexPoint Real Estate Finance Inc’s 8.50% Series A cumulative preferred (NREF.PRA) was trading with a yield above 8.5% based on its quarterly dividend annualized to $2.125. Shares traded as low as $24.73 during the session. The report is primarily pricing/yield information with limited evidence of a fundamental catalyst.