Last checked at 23 Sep 2016 07:00
NewRiver REIT plc
("NewRiver" or the "Company")
Dividend Declaration
NewRiver REIT plc (LSE: NRR), the UK REIT specialising in value-creating retail property investment and active asset management, is pleased to announce that it has declared a second quarterly dividend of 5.0 pence per share in respect of the year to 31 March 2017. This dividend will be paid as a Property Income Distribution (PID).
The Dividend per share therefore totals 10.0 pence per share for the first half of the financial year which is an 11% increase on the prior year.
The dividend payment date will be 28 October 2016 and will be paid to shareholders on the register at close of business on 7 October 2016. The ex-dividend date will be 6 October 2016.
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For further information
NewRiver REIT plc David Lockhart, Chief Executive Mark Davies, Finance Director Will Hobman, Head of Investor Relations | Tel: 020 3328 5800 |
Bell Pottinger David Rydell / David Bass / James Newman / Eve Kirmatzis | Tel: 020 3772 2500 |
Liberum Richard Crawley / Jamie Richards | Tel: 020 3100 2000 |
Peel Hunt LLP Capel Irwin / Edward Fox | Tel: 020 7418 8900 |
About NewRiver REIT plc
NewRiver REIT plc (ticker: NRR) is a premium listed REIT on the London Stock Exchange. The Company is a specialist real estate investor, asset manager and developer focused solely on the UK retail and leisure sector.
Founded in 2009, NewRiver is one of the UK's largest owner/managers of convenience-led shopping centres with assets under management of £1.2 billion principally comprising 33 UK wide shopping centres together with further nationwide retail and leisure assets. The portfolio totals over 8 million sq. ft. with almost 2,000 occupiers, an annual footfall of 150 million and a retail occupancy rate of 97 per cent.
NewRiver is committed to delivering sustainable and growing returns for its shareholders.
For more information on NewRiver REIT plc, please visit www.nrr.co.uk