Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Second Quarter Interim Dividend Confirmation

26 Jun 2019 15:05

RNS Number : 5403D
Yew Grove REIT PLC
26 June 2019
 

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.

 

 

 

Enquiries:

Yew Grove REIT plc

+353 1 485 3950

Jonathan Laredo, Chief Executive

Charles Peach, Chief Financial Officer

Michael Gibbons, Chief Investment Officer

Investec Bank plc

Joint Broker & NOMAD

+44 20 7597 5970

David Anderson, Darren Vickers, Cassie Herlihy

 

Joint Broker & Euronext Growth Advisor

 

+353 1 142 1000

Tommy Conway, Eoin Kennedy

Goodbody Stockbrokers UC

+353 1 667 0400

Joint Broker

David Kearney, Joe Gill, John Flynn, Richard Tunney

IFC Advisory

+44 203 934 6630

Financial PR

yewgrovereit@investor-focus.co.uk

Tim Metcalfe, Heather Armstrong

 

 

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.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DIVCKADKQBKDKAB

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.