NexPoint Real Estate Finance (NREF) Dividend Coverage Ratio (2020 - 2026)
NexPoint Real Estate Finance's (NREF) Dividend Coverage Ratio was 0.58 for Q2 2026, down 58.4% from 1.39 a year earlier and down 29.2% from the prior quarter.
NexPoint Real Estate Finance (NREF) Dividend Coverage Ratio (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, NexPoint Real Estate Finance's Dividend Coverage Ratio came in at 1.58, up 4.0% year-over-year; for FY2025, it was 2.14, up 321.6% from FY2024.
- Dividend Coverage Ratio has increased for three consecutive years.
- By year, Dividend Coverage Ratio came in at 0.51 in FY2024 (+134.1%), 0.22 in FY2023 (+98.8%), 0.11 in FY2022 (-96.1%) and 2.79 in FY2021 (+85.7%).
- The Q2 2026 figure ranks as the lowest quarterly Dividend Coverage Ratio since Q1 2024.
- Year over year, Dividend Coverage Ratio gained in three of the last six quarters, with growth averaging 12.5%.
- The high point for year-over-year Dividend Coverage Ratio in five years was Q3 2021 (growth of 123.6%); the low point was Q2 2022 (a decline of 71.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.81 (Q1 2026), 1.26 (Q4 2025) and 4.19 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 38.33 |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | - |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | - |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | - |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 8.64 |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 5.86 |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | - |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | - |
| 10 | NexPoint Real Estate Finance | 301.00 Mn | -43.28 Mn | - | 0.58 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.58 |
| Mar 31, 2026 | 0.81 |
| Dec 31, 2025 | 1.26 |
| Sep 30, 2025 | 4.19 |
| Jun 30, 2025 | 1.39 |
| Mar 31, 2025 | 1.88 |
| Dec 31, 2024 | 0.87 |
| Sep 30, 2024 | 2.07 |
| Jun 30, 2024 | 0.86 |
| Mar 31, 2024 | -1.65 |
| Dec 31, 2023 | 1.08 |
| Sep 30, 2023 | -1.32 |
| Jun 30, 2023 | 0.49 |
| Mar 31, 2023 | 0.56 |
| Dec 31, 2022 | -0.50 |
| Sep 30, 2022 | -1.24 |
| Jun 30, 2022 | 0.52 |
| Mar 31, 2022 | 1.72 |
| Dec 31, 2021 | 2.86 |
| Sep 30, 2021 | 3.04 |
NexPoint Real Estate Finance Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NREF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "NREF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();