SmarterDividends
NREF

NexPoint Real Estate Finance, Inc.

NREF

Real Estate · Stock · quarterly payer

Forward Yield

12.66%

Annual Dividend

$2.00

Payout Ratio

78%

5-Yr Growth

4.6%

Ex-Date

Jun 15, 2026

Frequency

Quarterly

NREF Dividend Safety Score

46/ 100
Grade D

Risky

Dividend-growth streak1 consecutive years of growth
Cut historyCut its dividend in 2024
Earnings payout coverage78% of earnings paid out
Balance-sheet strengthDebt/equity of 5.13
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is NREF a good dividend stock?

Mixed

NexPoint Real Estate Finance, Inc. (NREF) pays a quarterly dividend yielding 12.66% ($2.00/yr), with 1 year of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2024
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    12.66%
    Payout Ratio
    78%
    Annual Dividend
    $2.00
    5-Yr Avg Growth
    4.6%
    Ex-Dividend Date
    Jun 15, 2026
    Years of Growth
    1
    Frequency
    quarterly
    Beta
    1.16
    Market Cap
    $363.9M
    P/E Ratio
    6.1
    5-Yr Total Return
    -24%
    52-Week Range
    $12.36 – $16.06
    Dividend Safety
    D · 46/100
    Ever Cut?
    Yes (2024)
    NREF ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $2.00 / yr per share

    Per payment (quarterly)$50.00
    Annual$200.00
    Monthly avg$16.67