NewRiver REIT plc (LON:NRR) Plans GBX 3.20 Dividend

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 paid a dividend of GBX 3.20 ($0.04) per share by the real estate investment trust on Friday, August 16th. This represents a dividend yield of 4.42%. The ex-dividend date of this dividend is Thursday, July 4th. The official announcement can be seen at this link.

NewRiver REIT Stock Up 0.4 %

Shares of NRR opened at GBX 78 ($0.99) on Wednesday. NewRiver REIT has a 1 year low of GBX 67.50 ($0.85) and a 1 year high of GBX 92.11 ($1.17). The company has a debt-to-equity ratio of 101.63, a current ratio of 4.57 and a quick ratio of 3.00. The stock has a 50 day simple moving average of GBX 73.78 and a two-hundred day simple moving average of GBX 76.37. The firm has a market cap of £242.09 million, a P/E ratio of -1,111.86, a P/E/G ratio of -3.14 and a beta of 1.09.

Analysts Set New Price Targets

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.