NexPoint Diversified Real Estate Trust

NXDT

Real Estate · REIT - Diversified · Stock · quarterly payer

$4.90

Undervalued · +39% Add to Portfolio

Forward Yield

9.80%

Annual Dividend

$0.48

Payout Ratio

11%

5-Yr Growth

12.0%

Ex-Date

Sep 15, 2026

Frequency

Quarterly

Key facts about NXDT's dividend

Data as of Oct 18, 2026 · Source: SmarterDividends data

As of Oct 18, 2026, NexPoint Diversified Real Estate Trust (NXDT) has a forward dividend yield of 9.80%, based on an annual dividend of $0.48 per share and a share price of $4.90.
As of Oct 18, 2026, NXDT's dividend safety grade from SmarterDividends is C (60 out of 100), which rates the dividend as borderline.
NXDT last cut its regular dividend in 2021.
NXDT's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.0300 per share.
As of Oct 18, 2026, NXDT pays out 11% of its trailing 12-month earnings as dividends (its payout ratio).
NXDT's dividend has grown at an average rate of 12.0% a year over the past five years.
As of Oct 18, 2026, NXDT's 9.80% yield is 24% above its five-year average yield of 7.88%.
As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for NXDT is $6.79 per share, 39% above the $4.90 share price, so NXDT screens as undervalued.
NexPoint Diversified Real Estate Trust (NXDT) pays its dividend quarterly, 4 times a year.
NexPoint Diversified Real Estate Trust (NXDT) has raised its regular dividend 7 times and cut it 14 times across the 212 payments on record since 2006. Its most recent change was a 80.0% cut to $0.0300 per share, going ex-dividend on Sep 15, 2026.

Cite this page

SmarterDividends, "NXDT Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/NXDT

Summary

As of Oct 18, 2026, NexPoint Diversified Real Estate Trust (NXDT) yields 9.80% ($0.48 a year per share) and has a dividend safety grade of C (60/100).

Is NXDT a good dividend stock?

Yes, with caveats

NexPoint Diversified Real Estate Trust (NXDT) pays a quarterly dividend yielding 9.80% ($0.48/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

Comfortable payout ratio (11%)
Strong 12.0% 5-yr dividend growth

Risks

Cut its dividend in 2021
Very high yield can signal elevated risk
Share price is down over the past 5 years

Key Data

Dividend Yield: 9.80%
Payout Ratio: 11%
Annual Dividend: $0.48
5-Yr Avg Growth: 12.0%
Ex-Dividend Date: Sep 15, 2026
Years of Growth: 0
Frequency: quarterly
Beta: 0.90
Market Cap: $260.2M
P/E Ratio: —
5-Yr Total Return: -64%
52-Week Range: $2.55 – $5.95
Dividend Safety: C · 60/100
Ever Cut?: Yes (2021)

NXDT dividend raises and cuts

NexPoint Diversified Real Estate Trust (NXDT) has raised its regular dividend 7 times and cut it 14 times across the 212 payments on record since 2006. Its most recent change was a 80.0% cut to $0.0300 per share, going ex-dividend on Sep 15, 2026.

Ex-date	Change	Old → new	Move
Sep 15, 2026	Cut	$0.150 → $0.0300	−80.0%
Dec 14, 2022	Raise	$0.0500 → $0.150	+200.0%
Oct 23, 2020	Cut	$0.100 → $0.0500	−50.0%
Mar 23, 2020	Cut	$0.200 → $0.100	−50.0%
Nov 21, 2016	Cut	$0.240 → $0.200	−16.7%
Apr 21, 2015	Raise	$0.148 → $0.240	+62.2%
May 21, 2014	Raise	$0.136 → $0.148	+9.1%
Feb 13, 2014	Raise	$0.123 → $0.136	+10.0%
Jun 21, 2013	Raise	$0.111 → $0.123	+11.1%
May 23, 2013	Raise	$0.104 → $0.111	+7.1%
Mar 22, 2013	Raise	$0.0863 → $0.104	+20.0%
Feb 15, 2012	Cut	$0.0986 → $0.0863	−12.5%

Show all 21 changes since 2008

Ex-date	Change	Old → new	Move
Jul 15, 2011	Cut	$0.111 → $0.0986	−11.1%
Apr 19, 2011	Cut	$0.123 → $0.111	−10.0%
Feb 16, 2011	Cut	$0.131 → $0.123	−5.7%
Jul 17, 2009	Cut	$0.148 → $0.131	−11.7%
Jun 9, 2009	Cut	$0.160 → $0.148	−7.7%
Apr 16, 2009	Cut	$0.197 → $0.160	−18.7%
Mar 18, 2009	Cut	$0.247 → $0.197	−20.0%
Dec 17, 2008	Cut	$0.296 → $0.247	−16.7%
Nov 14, 2008	Cut	$0.370 → $0.296	−20.0%

Every NXDT payment →Download every raise and cut (CSV)

NXDT ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →NXDT dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is NXDT a good dividend stock?

Yes, with caveats. NexPoint Diversified Real Estate Trust (NXDT) pays a quarterly dividend yielding 9.80% ($0.48/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is NXDT undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NXDT's fair value is about $6.79 versus a $4.90 share price — so it looks undervalued (+39% vs. fair value).

Is NXDT's dividend safe?

NXDT has a dividend-safety grade of C (60/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2021, debt and yield-versus-history.

What is NXDT's fair value?

Our blended fair-value estimate for NXDT is about $6.79 per share, roughly 39% above the current $4.90 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is NXDT a buy, hold, or sell?

We don't issue formal ratings, but on the data NXDT screens as "yes, with caveats" and undervalued. NexPoint Diversified Real Estate Trust (NXDT) pays a quarterly dividend yielding 9.80% ($0.48/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will NXDT cut its dividend?

NXDT earns a dividend-safety grade of C (60/100), and has cut its dividend before (last in 2021). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does NXDT pay a dividend?

Yes. NexPoint Diversified Real Estate Trust pays a quarterly dividend of about $0.48 per share annually, a forward yield of roughly 9.80%.

What is NXDT's dividend yield?

As of Oct 18, 2026, NXDT's forward dividend yield is 9.80%, based on a $0.48 annual dividend and a $4.90 share price.

What is NXDT's dividend per share?

As of Oct 18, 2026, NXDT pays $0.48 per share per year, distributed on a quarterly basis.

What is NXDT's dividend payout ratio?

As of Oct 18, 2026, NXDT's payout ratio is 11% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has NXDT grown its dividend?

NXDT does not currently have a long dividend-growth streak on record.

When is the next NXDT ex-dividend date?

As of Oct 18, 2026, NXDT's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.0300 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full NXDT dividend history →

Ex-Date	Pay Date	Amount	Type
Sep 15, 2026	Sep 30, 2026	$0.0300	regular
May 22, 2026	Jun 30, 2026	$0.1500	regular
Feb 20, 2026	Mar 31, 2026	$0.1500	regular
Nov 21, 2025	Dec 31, 2025	$0.1500	regular
Aug 14, 2025	Sep 30, 2025	$0.1500	regular
May 9, 2025	Jun 30, 2025	$0.1500	regular
Feb 28, 2025	Mar 31, 2025	$0.1500	regular
Nov 15, 2024	Dec 31, 2024	$0.1500	regular
Aug 15, 2024	Sep 30, 2024	$0.1500	regular
May 14, 2024	Jun 28, 2024	$0.1500	regular
Feb 15, 2024	Mar 28, 2024	$0.1500	regular
Nov 16, 2023	Dec 29, 2023	$0.1500	regular
Aug 14, 2023	Sep 29, 2023	$0.1500	regular
Jun 14, 2023	Jun 30, 2023	$0.1500	regular