NXDT-P-A: NEXPOINT DIVERSIFIED REAL ESTATE TRUST 5.5% Series A Preferred Stock
NEXPOINT DIVERSIFIED REAL ESTATE TRUST's NXDT-P-A is an exchange-traded preferred stock in the REIT - Diversified sector.
At a recent price of $13.13, NXDT-P-A yields 10.47% on its $25 liquidation preference and 5.5% coupon.
It trades at a discount of 47.5% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2023-12-15.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.