NREF Dividend History & Yield

NexPoint Real Estate Finance, Inc. · NYSE

Stock Real Estate Quarterly payer High yieldMreitREIT
$17.54
-1.41% today
as of Sep 8, 2026
TTM yield
11.40%
$2.00/share over the last 12 months
Forward yield
11.40%
$2.00/share indicated annual rate
Annual dividend
$2.00
per share, forward
Per payment
$0.50
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Sep 15, 2026 Declared
in 7 days
Next pay date
Sep 30, 2026
in 22 days
Last ex-dividend date
Jun 15, 2026
$0.50 per share
Payout ratio
n/a
REIT: use FFO payout instead
Market cap
404.0M
P/E 7.5
5y dividend CAGR
+2.7%
annualised, regular payments
Growth streak
0 yrs
no current streak
Years paying
6.5
since Mar 20, 2020
1y total return
+30.3%
price +16.9% + dividends 13.3%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Sep 15, 2026 (in 7 days) Sep 30, 2026 $0.50 $50.00 Declared
Tue, Dec 15, 2026 (in 98 days) Dec 29, 2026 $0.50 $50.00 Estimated
Tue, Mar 16, 2027 (in 189 days) Mar 30, 2027 $0.50 $50.00 Estimated
Tue, Jun 15, 2027 (in 280 days) Jun 29, 2027 $0.50 $50.00 Estimated

Estimated dates and amounts are projected from NREF's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $2.00 per share.

Dividend payment history

Last 26 payments per share. RegularSpecial

Last 26 payments per share from Mar 20, 2020 to Jun 15, 2026; most recent $0.50$0.00$0.40$0.80Mar 20, 2020: $0.22Mar '20Jun 12, 2020: $0.40Sep 14, 2020: $0.40Dec 14, 2020: $0.40Mar 12, 2021: $0.475Mar '21Jun 14, 2021: $0.475Sep 14, 2021: $0.475Dec 14, 2021: $0.475Mar 14, 2022: $0.50Mar '22Jun 14, 2022: $0.50Sep 14, 2022: $0.50Dec 14, 2022: $0.50Mar 14, 2023: $0.685Mar '23Jun 14, 2023: $0.685Sep 14, 2023: $0.685Dec 14, 2023: $0.685Mar 14, 2024: $0.50Mar '24Jun 14, 2024: $0.50Sep 13, 2024: $0.50Dec 13, 2024: $0.50Mar 14, 2025: $0.50Mar '25Jun 13, 2025: $0.50Sep 15, 2025: $0.50Dec 15, 2025: $0.50Mar 13, 2026: $0.50Mar '26Jun 15, 2026: $0.50

Annual dividends per share

Annual dividend per share by calendar year, 2020 to 2026 (year to date)$0.00$1.50$3.002020: $1.42$1.4220202021: $1.90$1.9020212022: $2.00$2.0020222023: $2.74$2.7420232024: $2.00$2.0020242025: $2.00$2.0020252026 (YTD): $1.00$1.002026 YTD

How much NREF do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month600$10,524$1,200
$500 / month3,000$52,620$6,000
$1,000 / month6,000$105,240$12,000

Based on the forward yield of 11.40%. $10,000 in NREF would currently pay about $1,140 a year ($95 a month on average). Model reinvestment and growth →

NREF dividend history

Show all 26 payments
Ex-datePay dateAmountChange
Jun 15, 2026 $0.50 +0.0%
Mar 13, 2026 $0.50 +0.0%
Dec 15, 2025 $0.50 +0.0%
Sep 15, 2025 $0.50 +0.0%
Jun 13, 2025 $0.50 +0.0%
Mar 14, 2025 $0.50 +0.0%
Dec 13, 2024 $0.50 +0.0%
Sep 13, 2024 $0.50 +0.0%
Jun 14, 2024 $0.50 +0.0%
Mar 14, 2024 $0.50 -27.0%
Dec 14, 2023 $0.685 +0.0%
Sep 14, 2023 $0.685 +0.0%
Jun 14, 2023 $0.685 +0.0%
Mar 14, 2023 $0.685 +37.0%
Dec 14, 2022 $0.50 +0.0%
Sep 14, 2022 $0.50 +0.0%
Jun 14, 2022 $0.50 +0.0%
Mar 14, 2022 $0.50 +5.3%
Dec 14, 2021 $0.475 +0.0%
Sep 14, 2021 $0.475 +0.0%
Jun 14, 2021 $0.475 +0.0%
Mar 12, 2021 $0.475 +18.7%
Dec 14, 2020 $0.40 +0.0%
Sep 14, 2020 $0.40 +0.0%

Payout risk check

Yield-trap heuristicModerate risk

NREF scores 30/100 on our yield-trap heuristic (moderate risk).

2 warning flags raised:

  • Yield above 7%
  • Payment was cut within the last 5 years

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About NexPoint Real Estate Finance, Inc.

NexPoint Real Estate Finance, Inc. operates as a commercial mortgage real estate investment trust in the United States. It focuses on originating, structuring, and investing in first-lien mortgage loans, preferred equity, mezzanine loans, convertible notes, multifamily properties, and common equity investments, as well as multifamily and single-family rental commercial mortgage-backed securities securitizations, promissory notes, revolving credit facilities, and stock warrants or target assets.

Sector: Real Estate. Industry: REIT - Mortgage. First dividend on our records: Mar 20, 2020. 26 payments tracked.

NREF dividend FAQ

When is NREF's next ex-dividend date?

NREF's next ex-dividend date is Sep 15, 2026 (in 7 days, declared by the company). You must own the shares before that date to receive the payment of about $0.50 per share, expected on Sep 30, 2026.

How often does NREF pay dividends?

NREF pays dividends every quarter, 4 times a year. The most recent payment was $0.50 per share with an ex-date of Jun 15, 2026.

What is NREF's dividend yield?

NREF's trailing 12-month dividend yield is 11.40%, based on $2.00 per share paid over the last year and a share price of $17.54. The forward yield, using the indicated annual rate of $2.00 per share, is 11.40%.

How much does NREF pay per share?

NREF pays about $0.50 per share each quarter, which works out to roughly $2.00 per share a year. 100 shares would collect about $200.00 a year.

Has NREF grown or cut its dividend?

Over the last 5 years the regular payout has grown at 2.7% a year (+0.0% over the last year). NREF did cut a regular payment within the last 5 years.

How many shares of NREF do I need to earn $100 a month?

At the current forward yield of 11.40%, you would need about 600 shares of NREF (roughly $10,524 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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