NewRiver REIT plc (NRR) to Issue Dividend of GBX 3 on January 28th

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

NewRiver REIT Trading Down 1.3 %

Shares of NewRiver REIT stock opened at GBX 78.60 ($1.00) on Tuesday. The company’s 50-day moving average price is GBX 78.88 and its 200-day moving average price is GBX 78.63. The company has a current ratio of 5.40, a quick ratio of 3.00 and a debt-to-equity ratio of 103.07. NewRiver REIT has a 12-month low of GBX 67.50 ($0.86) and a 12-month high of GBX 86 ($1.09). The company has a market cap of £295.36 million, a price-to-earnings ratio of 7,960.00, a PEG ratio of -3.14 and a beta of 1.10.

Insider Transactions at NewRiver REIT

In other news, insider Alastair Miller bought 18,297 shares of the company’s stock in a transaction that occurred on Monday, September 30th. The stock was bought at an average price of GBX 82 ($1.04) per share, for a total transaction of £15,003.54 ($19,035.19). 7.73% of the stock is currently owned by insiders.

Analyst Ratings Changes

Separately, Shore Capital restated a “house stock” rating on shares of NewRiver REIT in a research report on Thursday, December 12th.

About NewRiver REIT

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.