Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 1663

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 1663
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     |                                              |  (2,251 | ) |     |                            |      — |   |     |       |  (2,251 | ) |
| Equity in (income) losses of unconsolidated equity method ventures   |     |                                               |    (400 | ) |     |                            |      — |   |     |       |    (400 | ) |     |                                              |     558 |   |     |                            |      — |   |     |       |     558 |   |
| Impairment loss                                                      |     |                                               |       — |   |     |                            |  6,134 |   |     |       |   6,134 |   |     |                                              |       — |   |     |                            |  6,134 |   |     |       |   6,134 |   |
| NOI                                                                  |     | $                                             |  (5,161 | ) |     | $                          |  7,628 |   |     | $     |   2,467 |   |     | $                                            |  (3,538 | ) |     | $                          |  8,849 |   |     | $     |   5,311 |   |

(1) Non-operating property investment revenue is defined as revenue included in the consolidated financial statements that are from non-operating properties such as dividend income and interest income.

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I-1321</div>

18. Subsequent Events

Dividends Declared

On October 28, 2024, the Board approved a quarterly dividend of $0.15 per common share, payable on December 31, 2024 to shareholders of record on November 15, 2024. The dividend on the Company’s common shares consists of a combination of cash and shares, with the cash component of the dividend (other than cash paid in lieu of fractional shares) not to exceed 20% in the aggregate, with the balance being paid in the Company’s common shares. Also on October 28, 2024, the Board approved a quarterly dividend of $0.34375 per Series A Preferred Share, payable on December 31, 2024 to shareholders of record on December 23, 2024.

Issuance of Common Shares to Adviser

On October 7, 2024, the Company issued 250,353.81 common shares to the Adviser as payment