NexPoint Residential Trust Raises Quarterly Dividend 3.9% to $0.53
NexPoint Residential Trust, Inc. (NYSE: NXRT), a multifamily property REIT, paid a fourth quarter dividend of $0.53 per share on December 31, 2025. The cash dividend represents a $0.02 per share increase over the prior quarter.
NexPoint Residential Trust, Inc. (NYSE: NXRT), a multifamily property real estate investment trust, paid a fourth quarter dividend of $0.53 per share on December 31, 2025. The cash dividend represents a $0.02 per share, or 3.9%, increase over the prior quarter's dividend. Read more dividend announcements.
Since inception, NXRT has increased its dividend per share by 157.3%.
| Dividend Details | Information |
|---|---|
| Amount | $0.53 per share |
| Previous Amount | $0.51 per share |
| Increase | 3.9% |
| Payment Date | December 31, 2025 |
| Frequency | Quarterly |
Full Year 2025 Financial Results
NXRT reported a net loss of $32.0 million attributable to common stockholders for the year ended December 31, 2025, compared to net income of $1.1 million for the prior year. Funds from operations totaled $63.3 million, up from $44.5 million in 2024.
Core FFO reached $71.3 million compared to $73.1 million in the prior year, while adjusted funds from operations came in at $81.1 million versus $83.6 million in 2024.
Portfolio Performance
For the year ended December 31, 2025, same-store properties saw total revenue decline 1.0% and net operating income decrease 1.6% compared to the prior year. Average effective rent fell 0.1% while occupancy dropped 195 basis points.
The weighted average effective monthly rent per unit across the company's 36 properties, consisting of 13,305 units, stood at $1,492 as of December 31, 2025. Physical occupancy was 92.7%.
Acquisition and Value-Add Activity
During 2025, NXRT acquired Sedona at Lone Mountain in Las Vegas, a 321-unit property, for $73.25 million. On January 30, 2026, the company secured a $40.3 million mortgage loan on the property with Newmark. The loan matures January 30, 2033 and bears interest at 30-day Average SOFR plus 1.23%.
NXRT completed 1,767 full and partial upgrades and washer/dryer installations across its portfolio in 2025, achieving an average monthly rent premium of $60 and a 21.8% return on investment.
Since inception, the company has completed 9,866 full and partial upgrades, 4,979 kitchen and laundry appliance installations, and 11,199 technology packages. These upgrades generated average monthly rental increases of $158, $50, and $43 per unit, respectively, with returns on investment of 20.8%, 63.7%, and 37.2%.
Share Repurchases and Debt Management
During 2025, NXRT repurchased and retired 223,109 shares at an average price of $34.29 per share, representing a 29% discount to the midpoint of the company's fourth quarter 2025 net asset value.
On February 3, 2026, the company paid down $33.0 million of outstanding principal on its credit facility with JPMorgan Chase Bank, N.A.