NewRiver REIT PLC Dividend Declaration (2495C)

TIDMNRR

RNS Number : 2495C

NewRiver REIT PLC

28 September 2018

NewRiver REIT plc

("NewRiver" or the "Company")

Dividend Declaration

NewRiver is pleased to announce that it has declared a second quarterly dividend of 5.4 pence per share in respect of the year ending 31 March 2019, a 3% increase on the prior year (Second quarter 2018: 5.25 pence).

The dividend will be paid as a REIT Property Income Distribution (PID) on 16 November 2018 and will be paid to shareholders on the register at close of business on 19 October 2018. The ex-diviend date will be 18 October 2018.

For further information

 
                                                    [phone] 
     NewRiver REIT plc                               5800 
     Allan Lockhart (Chief Executive) 
     Mark Davies (Chief Financial Officer) 
     Will Hobman (Head of Investor 
      Relations) 
 
 
     Finsbury                 [phone] 
     Gordon Simpson 
      James Thompson 
 

About NewRiver

NewRiver REIT plc ('NewRiver') is a leading Real Estate Investment Trust specialising in buying, managing, developing and recycling convenience-led, community-focused retail and leisure assets throughout the UK.

Our GBP1.4 billion portfolio covers over 8 million sq ft and comprises 34 community shopping centres, 20 conveniently located retail parks and over 600 community pubs. Having hand-picked our assets since NewRiver was founded in 2009, we have deliberately focused on the fastest growing and most sustainable sub-sectors of the UK retail market, with grocery, convenience stores, value clothing, health & beauty and discounters forming the core of our retail portfolio. This focus, combined with our affordable rents and desirable locations, delivers sustainable and growing returns for our shareholders, while our active approach to asset management and in-built 1.9 million sq ft development pipeline provide further opportunities to extract value from our portfolio.

NewRiver has a Premium Listing on the Main Market of the London Stock Exchange (ticker: NRR) and is a constituent of the FTSE 250 and EPRA indices. Visit www.nrr.co.uk for further information.

LEI Number: 2138004GX1VAUMH66L31

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September 28, 2018 02:03 ET (06:03 GMT)