NexPoint Diversified Real Estate Trust’s James Dondero acquires $408,000 in shares

Published 15/04/2025, 00:40
NexPoint Diversified Real Estate Trust’s James Dondero acquires $408,000 in shares

James Dondero, a prominent figure at NexPoint Diversified Real Estate Trust (NYSE:NXDT), has made a significant acquisition of company shares. According to a recent SEC filing, Dondero purchased 100,000 shares of common stock on April 8, 2025, at a price of $4.08 per share, totaling $408,000. The purchase comes as the stock trades at $3.50, down significantly from its 52-week high of $7.60. InvestingPro data shows the company offers an impressive 17.14% dividend yield, maintaining payments for 19 consecutive years.

This transaction increases Dondero’s indirect holdings in the company, bringing his total shares owned following the transaction to over 383,000. The shares are held by The Dugaboy Investment Trust, of which Dondero is a beneficiary, though he disclaims beneficial ownership except to the extent of his pecuniary interest.

In addition to this acquisition, the filing details various other holdings under Dondero’s indirect ownership, including shares managed by entities such as NexPoint Real Estate Advisers and Highland Global Allocation Fund. These holdings reflect Dondero’s extensive involvement and influence within the company’s investment strategies.

Investors may view this purchase as a vote of confidence from Dondero, who serves as both a director and officer at NexPoint Diversified Real Estate Trust.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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