NewRiver REIT plc to Issue Dividend of GBX 3 (LON:NRR)

NewRiver REIT plc (LON:NRR) announced a dividend on Thursday, December 12th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, December 19th will be given a dividend of GBX 3 ($0.04) per share by the real estate investment trust on Tuesday, January 28th. This represents a dividend yield of 3.82%. The ex-dividend date is Thursday, December 19th. The official announcement can be viewed at this link.

NewRiver REIT Stock Performance

LON NRR opened at GBX 79 ($1.01) on Thursday. The company has a market capitalization of £296.87 million, a PE ratio of 7,860.00, a price-to-earnings-growth ratio of -3.14 and a beta of 1.10. The company has a debt-to-equity ratio of 103.07, a quick ratio of 3.00 and a current ratio of 5.40. NewRiver REIT has a 52-week low of GBX 67.50 ($0.86) and a 52-week high of GBX 87.97 ($1.12). The company has a 50-day simple moving average of GBX 79.02 and a 200 day simple moving average of GBX 78.43.

Insider Transactions at NewRiver REIT

In other news, insider Alastair Miller acquired 18,297 shares of the firm’s stock in a transaction that occurred on Monday, September 30th. The stock was bought at an average price of GBX 82 ($1.05) per share, with a total value of £15,003.54 ($19,139.61). 7.73% of the stock is currently owned by company insiders.

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.