NexPoint Residential Trust Announces 2016 Dividend Income Tax Treatment

DALLAS, Jan. 23, 2017 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) (the "Company") announced today the final income allocations of the Company's 2016 dividend distributions on its common stock. The final income allocations as they will be reported on Form 1099-DIV are set forth in the following table:

Common Shares (CUSIP #65341D102)

*Reflected as a percentage of capital gain per share

Components may not sum to the totals due to rounding differences. The information above presents final income allocations.

The Company encourages shareholders to consult with their own tax advisors with respect to the federal, state, and local income tax effects of these dividends.

About NexPoint Residential Trust

NexPoint Residential Trust is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NXRT," primarily focused on acquiring, owning and operating well-located middle-income multifamily properties with "value-add" potential in large cities and suburban submarkets of large cities, primarily in the Southeastern and Southwestern United States. NXRT is externally advised by NexPoint Real Estate Advisors, L.P., an affiliate of Highland Capital Management, L.P., a leading global alternative asset manager and an SEC-registered investment adviser. More information about NXRT is available at http://www.nexpointliving.com.

Contact:
Marilynn Meek
Financial Relations Board
212-827-3773

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SOURCE NexPoint Residential Trust, Inc.