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Tue, 01st Oct 2019 09:29
(Alliance News) - NewRiver REIT PLC on Tuesday proposed a 5.4 pence per share second quarter dividend for the year ending March 2020.
The FTSE 250-listed real estate investment trust proposed to distribute 5.4p per share, unchanged on the year prior.
Shares in NewRiver were 0.1% higher at 194.60 pence in London on Tuesday.
By Ahren Lester; ahrenlester@alliancenews.com
Copyright 2019 Alliance News Limited. All Rights Reserved.
(ShareCast News) - NewRiver Retail said it it was buying four shopping centres and two retail warehouses for £108m. It said the investments would provide an average yield of 8%. NewRiver said it has exchanged contracts to acquire the Neptune Portfolio for £92.3m, equating to a net initial yield of
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