Dividend Declaration

RNS Number : 6188K

NewRiver REIT PLC

23 September 2016

 

NewRiver REIT plc

("NewRiver" or the "Company")

Dividend Declaration

NewRiver REIT plc (LSE: NRR), the UK REIT specialising in value-creating retail property investment and active asset management, is pleased to announce that it has declared a second quarterly dividend of 5.0 pence per share in respect of the year to 31 March 2017. This dividend will be paid as a Property Income Distribution (PID).

The Dividend per share therefore totals 10.0 pence per share for the first half of the financial year which is an 11% increase on the prior year.

The dividend payment date will be 28 October 2016 and will be paid to shareholders on the register at close of business on 7 October 2016. The ex-dividend date will be 6 October 2016.

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For further information

NewRiver REIT plc  David Lockhart, Chief Executive Mark Davies, Finance Director Will Hobman, Head of Investor Relations	Tel: [phone]
Bell Pottinger David Rydell / David Bass / James Newman / Eve Kirmatzis	Tel: [phone]
Liberum Richard Crawley / Jamie Richards	Tel: [phone]
Peel Hunt LLP Capel Irwin / Edward Fox	Tel: [phone]

About NewRiver REIT plc

NewRiver REIT plc (ticker: NRR) is a premium listed REIT on the London Stock Exchange. 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 £1.2 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 almost 2,000 occupiers, an annual footfall of 150 million and a retail occupancy rate of 97 per cent.

NewRiver is committed to delivering sustainable and growing returns for its shareholders.

For more information on NewRiver REIT plc, please visit www.nrr.co.uk 

 

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