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NewRiver REIT Initiates Scrip Dividend Share Allotment
Company Announcements

NewRiver REIT Initiates Scrip Dividend Share Allotment

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Invest with Confidence:

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

NewRiver REIT plc has announced the allotment of 585,585 Ordinary Shares to be admitted to the Official List of the Financial Conduct Authority and the London Stock Exchange. This issuance is part of the company’s Scrip Dividend Scheme related to the interim dividend for the six months ending 30 September 2024. The newly issued shares will hold the same rights as the existing ordinary shares, which indicates a strategic move to enhance shareholder returns through dividends, reflecting positively on NewRiver’s financial strategies.

More about NewRiver REIT

YTD Price Performance: -3.14%

Average Trading Volume: 606,567

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £337.1M

See more insights into NRR stock on TipRanks’ Stock Analysis page.

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