N
exPoint Real Estate Finance, Inc. (NYSE: NREF) has announced the final income allocations for its 2024 dividend distributions on common stock and preferred shares. The breakdown of these allocations will be reported on Form 1099-DIV as follows:
**Common Stock**
The Company's quarterly dividend payments to common shareholders are set at $0.50000 per share, with a taxable ordinary income component of $0.45344 and a return of capital component of $0.04656. The ex-dividend dates for these distributions are March 14th, June 14th, September 13th, and December 13th, with record and payable dates on the following days.
| Distribution Date | Ex-Dividend Date | Record Date | Payable Date |
| --- | --- | --- | --- |
| Q1 | 3/14/2024 | 3/15/2024 | 3/28/2024 |
| Q2 | 6/14/2024 | 6/14/2024 | 6/28/2024 |
| Q3 | 9/13/2024 | 9/13/2024 | 9/30/2024 |
| Q4 | 12/13/2024 | 12/13/2024 | 12/31/2024 |
**Series A Preferred Stock**
The Company's Series A Preferred Shares will receive a quarterly distribution of $0.53125 per share, with no return of capital component. The ex-dividend dates for these distributions are January 11th, April 12th, July 15th, and October 15th, with record and payable dates on the following days.
| Distribution Date | Ex-Dividend Date | Record Date | Payable Date |
| --- | --- | --- | --- |
| Q1 | 1/11/2024 | 1/12/2024 | 1/25/2024 |
| Q2 | 4/12/2024 | 4/15/2024 | 4/25/2024 |
| Q3 | 7/15/2024 | 7/15/2024 | 7/25/2024 |
| Q4 | 10/15/2024 | 10/15/2024 | 10/25/2024 |
**Series B Preferred Stock**
The Company's Series B Preferred Shares will receive a monthly distribution of $0.18750 per share, with no return of capital component. The ex-dividend dates for these distributions are January 24th through December 24th, with record and payable dates on the following days.
| Distribution Date | Ex-Dividend Date | Record Date | Payable Date |
| --- | --- | --- | --- |
| Jan | 1/24/2024 | 1/25/2024 | 2/5/2024 |
| Feb | 2/22/2024 | 2/23/2024 | 3/5/2024 |
| ... | ... | ... | ... |
Note: The Company has designated 99.24% of the taxable ordinary income as qualified REIT dividend for purposes of Section 199A, and 0.76% as qualified dividend income pursuant to Section 857(c)(2).
