Newriver Reit PLC (LON:NRR) declared a dividend on Friday, September 28th, Upcoming.Co.Uk reports. Investors 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 viewed at this link.
Shares of NRR opened at GBX 260.50 ($3.40) on Friday. Newriver Reit has a 52-week low of GBX 275.50 ($3.60) and a 52-week high of GBX 374.50 ($4.89).
NRR has been the subject of a number of research analyst reports. Peel Hunt reaffirmed an “add” rating on shares of Newriver Reit in a report on Wednesday, July 11th. Liberum Capital reaffirmed a “buy” rating on shares of Newriver Reit in a report on Wednesday, September 19th. Finally, Berenberg Bank lowered their price target on Newriver Reit from GBX 380 ($4.97) to GBX 340 ($4.44) and set a “buy” rating for the company in a report 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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