NewRiver REIT plc Announces Dividend of GBX 3.20 (LON:NRR)

NewRiver REIT plc (LON:NRR) declared a dividend on Friday, June 21st, Upcoming.Co.Uk reports. Investors of record on Thursday, July 4th will be given a dividend of GBX 3.20 ($0.04) per share by the real estate investment trust on Friday, August 16th. This represents a yield of 4.42%. The ex-dividend date is Thursday, July 4th. The official announcement can be accessed at this link.

NewRiver REIT Stock Up 0.4 %

Shares of LON:NRR opened at GBX 78 ($0.99) on Wednesday. The company has a 50 day moving average price of GBX 73.78 and a two-hundred day moving average price of GBX 76.37. The company has a debt-to-equity ratio of 101.63, a quick ratio of 3.00 and a current ratio of 4.57. The company has a market capitalization of £242.09 million, a PE ratio of -1,111.86, a PEG ratio of -3.14 and a beta of 1.09. NewRiver REIT has a 52 week low of GBX 67.50 ($0.85) and a 52 week high of GBX 92.11 ($1.17).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “house stock” rating on shares of NewRiver REIT in a research note on Tuesday, May 28th.

NewRiver REIT Company Profile

NewRiver REIT plc ('NewRiver') is a leading Real Estate Investment Trust specialising in buying, managing and developing resilient retail assets throughout the UK. Our £0.6 billion UK wide portfolio covers 6.4 million sq ft and comprises 25 community shopping centres and 12 conveniently located retail parks occupied by tenants predominately focused on essential goods and services.