Newriver Reit PLC (NRR) to Issue Dividend of GBX 5.40 on November 16th
Newriver Reit PLC (LON:NRR) announced a dividend on Friday, September 28th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 18th will be paid a dividend of GBX 5.40 ($0.07) per share by the real estate investment trust on Friday, November 16th. This represents a yield of 2.09%. The ex-dividend date is Thursday, October 18th. The official announcement can be seen at this link.
Shares of LON:NRR opened at GBX 260.50 ($3.40) on Friday. Newriver Reit has a 1 year low of GBX 275.50 ($3.60) and a 1 year high of GBX 374.50 ($4.89).
NRR has been the topic of a number of recent research reports. Liberum Capital reiterated a “buy” rating on shares of Newriver Reit in a research note on Wednesday, September 19th. Peel Hunt reiterated an “add” rating on shares of Newriver Reit in a research note on Wednesday, July 18th. Finally, Berenberg Bank cut their price target on shares of Newriver Reit from GBX 380 ($4.97) to GBX 340 ($4.44) and set a “buy” rating on the stock in a research note on Monday, June 18th.
NewRiver REIT pic (ticker: NRR) is a premium listed REIT on the London Stock Exchange and a constituent of the FTSE 250 and EPRA indices. The Company is a specialist real estate investor, asset manager and developer focused solely on the UK retail and leisure sector. Founded in 2009, NewRiver is one of the UK's largest owner/managers of convenience-led shopping centres with assets under management of £1.3 billion principally comprising 33 UK wide shopping centres together with further nationwide retail and leisure assets.
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