NexPoint Real Estate Finance, Inc. (NREF) Dividend
NexPoint Real Estate Finance, Inc. (NREF) currently pays a dividend yield of 12.65%, distributing $2.00 per share annually ($0.50 per quarter). The company operates in the Real Estate sector.
NREF dividend at a glance
| Dividend Yield | 12.65% |
|---|---|
| Annual Dividend | $2.00 per share |
| Per Payment | $0.50 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | December 15, 2026 |
| Next Payment Date | December 30, 2026 |
| Payout Ratio | 87% |
| Sector | Real Estate |
| Implied Share Price (from yield) | $15.81 |
What NREF pays on a $10,000 investment
At a 12.65% yield, $10,000 invested in NREF generates about $1,265.00 per year, or roughly $316.25 every quarter. Share counts below use an implied price of $15.81, derived from the $2.00 annual dividend and the 12.65% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 63.3 | $126.50 | $31.63 |
| $5,000 | 316.3 | $632.50 | $158.13 |
| $10,000 | 632.5 | $1,265.00 | $316.25 |
| $25,000 | 1,581.3 | $3,162.50 | $790.63 |
| $100,000 | 6,325 | $12,650.00 | $3,162.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
NREF dividend payment schedule
NREF pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is December 15, 2026, with payment on December 30, 2026. Later rows are projected forward at the same interval and will shift when NexPoint Real Estate Finance, Inc. declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| December 15, 2026 | December 30, 2026 | $0.50 | Confirmed |
| March 15, 2027 | March 30, 2027 | $0.50 | Projected |
| June 15, 2027 | June 30, 2027 | $0.50 | Projected |
| September 15, 2027 | September 30, 2027 | $0.50 | Projected |
To collect a NREF dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How NREF's dividend compares
Across the 1000 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.57%. NREF's 12.65% is 9.08 percentage points above that median, ranking 197th of 1000 by yield.
Within Real Estate, where we track 87 names, the median yield is 6.39% — putting NREF above its sector. A yield well above the sector norm is worth a second look: it can signal a depressed share price rather than a generous payout.
What the numbers mean
NREF pays out roughly 87% of its earnings as dividends. That is a high payout ratio. The dividend is consuming most of reported earnings, which is normal for REITs and some funds but a caution flag elsewhere.
Like most US dividend payers, NREF distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
NREF dividend FAQ
When is the next NREF ex-dividend date?
The next NREF ex-dividend date is December 15, 2026, with the payment scheduled for December 30, 2026. You must own shares before the ex-dividend date to receive that payment.
What is NREF's dividend yield?
NREF currently yields 12.65%, based on $2.00 in dividends per share over the past year.
How often does NREF pay dividends?
NREF pays quarterly, which works out to 4 payments per year of about $0.50 per share.
How much dividend income would $10,000 of NREF generate?
At the current 12.65% yield, $10,000 invested in NREF would produce roughly $1,265.00 per year, or about $316.25 per quarter, before taxes and assuming the dividend holds.
Is NREF a Dividend Aristocrat?
No. NREF is not currently on the Dividend Aristocrat or Dividend King list, which require 25 and 50 consecutive years of dividend increases respectively.
NREF dividend history
DivTrkr holds 27 recorded NREF dividend payments going back to 2020 and +4.6% a year of growth over the last five complete years. See the full NREF dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Real Estate dividend payers
- IVR — Invesco Mortgage Capital dividend (26.09%)
- RWT — Redwood Trust, Inc. dividend (23.08%)
- ABR — Arbor Realty Trust, Inc. dividend (22.97%)
- ARR — ARMOUR Residential REIT dividend (22.70%)
- ORC — Orchid Island Capital, Inc. dividend (22.26%)
- MFA — MFA Financial, Inc. dividend (21.75%)
- SUNS — Sunrise Realty Trust, Inc. dividend (18.90%)
- DX — Dynex Capital, Inc. dividend (18.46%)
Similar yields to NREF
- OVS — Overlay Shares Small Cap Equity ETF dividend (12.65%)
- LOAN — Manhattan Bridge Capital, Inc. dividend (12.61%)
- OVL — Overlay Shares Large Cap Equity dividend (12.60%)
- AVK — Advent Convertible and Income Fund dividend (12.72%)
- DHT — DHT Holdings, Inc. dividend (12.55%)
- AGD — Abrdn Global Dynamic Dividend Fund dividend (12.77%)
Track NREF dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.