6 Feb 2019 12:36
Yew Grove REIT plc
("Yew Grove REIT" or the "Company")
Interim Dividend Confirmation
Yew Grove REIT plc (LSE:YEW, Euronext:YEW), which owns a diversified portfolio of Irish commercial property assets, announces that further to its results announcement earlier today and confirmation of the filing of its Initial Financial Statements with the Companies Registration Office ("CRO") in Ireland the Board of Directors has approved the payment of an interim dividend in respect of the period ended 31 December 2018 of 0.964 cents per ordinary share. This interim dividend will be paid (or CREST accounts credited) on 26 February 2019 to shareholders on the register on 15 February 2019 with a corresponding ex-dividend date of 14 February 2019. The Property Income Distribution ("PID") element of this interim dividend is 0.873 cents per share.
This dividend is consistent with guidance previously announced and the Company's target of paying a sustainable dividend out of net income.
Enquiries:
Yew Grove REIT plc | Tel: 353 (1) 480 3960 | |||
Jonathan Laredo, Chief Executive Officer | ||||
Michael Gibbons, Chief Investment Officer | ||||
Charles Peach, Chief Financial Officer | ||||
Investec Bank plc | ||||
NOMAD & Joint Broker: David Anderson, Darren Vickers | Tel: +44 (0) 20 7597 5970 | |||
ESM Advisor & Joint Broker: Tommy Conway, Eoin Kennedy
| Tel: +353 (1) 421 0000
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Goodbody Stockbrokers | ||||
Joint Broker: David Kearney, Joe Gill | Tel +353 (1) 667 0400 | |||
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Hume Brophy | Tel: + 353 (1) 662 4712 |
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Media Enquiries | yewgrove@humebrophy.com |
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Edel Bach, Karin O'Conor |
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Notes to editors:
Yew Grove REIT is an Irish commercial real estate company invested in a diversified portfolio of Irish commercial property, with a particular focus on well-tenanted commercial real estate assets comprising office and industrial assets let to Irish government entities and other state bodies, IDA Ireland supported and other FDI companies, and larger corporates.