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NewRiver REIT Announces 3.0 Pence Dividend with Scrip Option
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NewRiver REIT Announces 3.0 Pence Dividend with Scrip Option

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NewRiver REIT ( (GB:NRR) ) has provided an announcement.

NewRiver REIT has declared a dividend of 3.0 pence per share for the six months ending 30 September 2024. The dividend will be distributed as a Property Income Distribution on 28 January 2025 to shareholders on record as of 20 December 2024. Shareholders can opt to receive additional shares instead of cash dividends through the company’s scrip dividend scheme, which incurs no dealing charges or stamp duty. This scheme allows shareholders to enhance their investment in the company while providing flexibility in dividend reception.

More about NewRiver REIT

NewRiver REIT is a real estate investment trust focused on the retail and leisure sectors in the United Kingdom. The company primarily invests in shopping centers, retail parks, and community pubs, aiming to create value through active asset management and acquisitions.

YTD Price Performance: -0.47%

Average Trading Volume: 544,628

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £295.4M

See more data about NRR stock on TipRanks’ Stock Analysis page.

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