Dividend Declaration

RNS Number : 2521C

NewRiver REIT PLC

11 April 2017

 

11 April 2017

NewRiver REIT plc

("NewRiver" or the "Company")

Dividend Declaration

NewRiver is pleased to announce that it has declared a fourth quarterly dividend of 5.0 pence per share in respect of the year ended 31 March 2017. The dividend per share for the year totals 20.0 pence, an 8.1% increase on the prior year (2016: 18.5 pence).

The dividend will be paid as a REIT Property Income Distribution (PID) on 11 May 2017 and will be paid to shareholders on the register at close of business on 21 April 2017. The ex-dividend date will be 20 April 2017.

Ends

About NewRiver

NewRiver REIT plc (ticker: NRR) is a premium listed REIT on the London Stock Exchange and a constituent of the FTSE250 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. The portfolio totals over 8 million sq. ft. with over 2,000 occupiers, an annual footfall of 150 million and a retail occupancy rate of 97 per cent. Visit nrr.co.uk for further information.

For further information

NewRiver REIT plc  David Lockhart (Chief Executive) Mark Davies (Chief Financial Officer) Will Hobman (Head of Investor Relations)	[phone]
Bell Pottinger David Rydell David Bass Eve Kirmatzis	[phone]

 

END

 

 

DIVDMGMDVMGGNZM