YEW.L Regulatory News (YEW)

Yew Grove REIT plc

("Yew Grove REIT" or the "Company")

Second Quarter Interim Dividend Confirmation

Yew Grove REIT plc (LSE: YEW, Euronext: YEW), which owns a diversified portfolio of Irish commercial property assets, announces that the Board of Directors has approved the payment of an interim ordinary dividend in respect of the period from 1 April 2019 to 25 June 2019 of 1.37 cents per ordinary share, and a special dividend of 1.86 cents per ordinary share. The special dividend is paid from a recent lease surrender agreement at its property located in Cork Airport Business Park. These dividends will be paid (or CREST accounts credited) on 24 July 2019 to shareholders on the register on 5 July 2019 with a corresponding ex-dividend date of 4 July 2019. The Property Income Distribution ("PID") element of this interim ordinary dividend is 1.37 cents per ordinary share, and for the special dividend is 1.86 cents per ordinary share.

This interim ordinary dividend is consistent with the Company's target of paying a sustainable quarterly dividend out of net income and brings the total aggregate year to date dividend distribution per ordinary share to 4.33 cents.

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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.