PR Newswire | Feb 4, 2021 08:00AM EST

02/04 07:00 CST

NexPoint Residential Trust Announces 2020 Dividend Income Tax Treatment DALLAS, Feb. 4, 2021

DALLAS, Feb. 4, 2021 /PRNewswire/ -- NexPoint Residential Trust, Inc.(NYSE: NXRT)(the "Company") announced today the final income allocations of the Company's 2020 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)

TaxableEx-Dividend Record Payable Distribution Ordinary Return of Capital Section 199ADate Date Date per Share Income Per Per Share Dividends Per Share Share

3/13/2020 3/16/ 3/31/ $0.3125 $0.0618 $0.2507 $0.0618 2020 2020

6/12/2020 6/15/ 6/30/ 0.3125 0.0618 0.2507 0.0618 2020 2020

9/14/2020 9/15/ 9/30/ 0.3125 0.0618 0.2507 0.0618 2020 2020

12/14/2020 12/15/ 12/31/ 0.3413 0.0675 0.2738 0.0675 2020 2020

Totals $1.2787 $0.2529 $1.02529 $0.2529

100% 19.78% 80.22%

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 TrustNexPoint 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 NexPoint Advisors, L.P., an SEC-registered investment advisor, which has extensive real estate experience.

Contact:Jackie GrahamInvestor Relations972-628-4024 jgraham@nexpointadvisors.com

View original content: http://www.prnewswire.com/news-releases/nexpoint-residential-trust-announces-2020-dividend-income-tax-treatment-301221859.html

SOURCE NexPoint Residential Trust, Inc.