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Record date for dividend - Correction

25 Feb 2021 12:17

RNS Number : 3832Q
Yew Grove REIT PLC
25 February 2021
 

Yew Grove REIT plc

(the "Company" or "Yew Grove ")

Record date for dividend - Correction

Yew Grove REIT plc (LSE:YEW, Euronext:YEW), which owns a diversified portfolio of Irish commercial property assets, announces the following amendment has been made to the 'Fourth Quarter Dividend' announcement released on 23 February 2021 at 13:00 under RNS Number: 0712Q.

 

The record date is changed from "18 March 2021" to "19 March 2021" and the ex-dividend date is added "The ex-dividend date will be on 18 March 2021".

 

All other details remain unchanged.

 

The full amended text is shown below.

 

Dividend

 

On 23 February 2021, the Company declared a quarterly interim dividend of 1.40 cents per ordinary share which will be paid on 7 April 2021 to shareholders who are on the share register at the close of business on 19 March 2021. The ex-dividend date will be on 18 March 2021. The dividend includes a Property Income Distribution ("PID") of 1.21 cents per share and an ordinary dividend of 0.19 cents per share. This will bring the cumulative dividend declared for FY 2020 to 5.15 cents per share.

 

For further information contact:

 

 

Yew Grove REIT plc

+353 1 485 3950

Jonathan Laredo, Chief Executive Officer

 

Charles Peach, Chief Financial Officer

 

Michael Gibbons, Chief Investment Officer

 

 

 

Goodbody Stockbrokers UC

+353 1 667 0400

Joint Broker & Euronext Growth Advisor

 

David Kearney, John Flynn, Edel O'Reilly, Ronan Bransfield

 

 

 

Liberum Capital Limited

 

Joint Broker & Nomad

+44 20 3100 2000

Richard Crawley, Jamie Richards

 

 

 

IFC Advisory Limited

+44 203 934 6630

Financial PR

yewgrovereit@investor-focus.co.uk

Tim Metcalfe, Graham Herring

 

 

Forward-looking Statements

 

Certain information contained in this announcement may constitute forward looking information. This information relates to future events or occurrences or the Company's future performance. All information other than information of historical fact is forward looking information. The use of any of the words "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "should", "believe", "predict" and "potential" and similar expressions are intended to identify forward looking information. This information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. No assurance can be given that this information will prove to be correct and such forward looking information included in this announcement should not be relied upon. Forward-looking information speaks only as of the date of this announcement. The forward-looking information included in this announcement is expressly qualified by this cautionary statement and is made as of the date of this announcement. The Company and its group does not undertake any obligation to publicly update or revise any forward-looking information except as required by applicable securities laws.

 

Notes to editors

 

Yew Grove REIT plc, quoted on the London Stock Exchange's AIM market and on the Euronext Growth Market in Dublin, is an Irish commercial real estate company invested in a diversified portfolio of Irish commercial property. Yew Grove has a particular focus on well-tenanted commercial real estate assets comprising of office and industrial assets outside of Dublin's Central Business District.

Yew Grove's highly experienced team has a proven track record in commercial property investment and asset management in Ireland and internationally and is focused on delivering results. Its investment approach is strategic, not speculative, principally on assets that are let, pre-let or to be let after refurbishment. Shareholders are provided with stable, long-term income from a diverse portfolio of commercial property comprising well-tenanted real estate in strategic centres let to Irish government entities and other state bodies, IDA Ireland supported and other FDI companies, and larger corporates.

 

 

 

 

 

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