NexPoint Real Estate Finance (NREF) Dividend Coverage Ratio (2020 - 2026)
NexPoint Real Estate Finance's (NREF) Dividend Coverage Ratio was -1.32 for Q3 2026, compared with 4.19 a year earlier.
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Analysis
NexPoint Real Estate Finance (NREF) Dividend Coverage Ratio (2020 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, NexPoint Real Estate Finance's Dividend Coverage Ratio came in at 0.37, down 81.5% 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 Q3 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 2025 (growth of 102.8%); the low point was Q2 2022 (a decline of 71.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 0.58 (Q2 2026), 0.81 (Q1 2026) and 1.26 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 59.08 |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 7.85 |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 5.65 |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | - |
| 10 | NexPoint Real Estate Finance | 231.64 Mn | -336.77 Mn | - | -1.32 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -1.32 |
| 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 |
API Access
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_KEYimport 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();