NewRiver REIT plc (NRR) To Go Ex-Dividend on July 4th

NewRiver REIT plc (LON:NRR) declared a dividend on Friday, June 21st, Upcoming.Co.Uk reports. Stockholders 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 dividend yield of 4.42%. The ex-dividend date is Thursday, July 4th. The official announcement can be seen at this link.

NewRiver REIT Stock Up 2.3 %

LON:NRR opened at GBX 74.10 ($0.94) on Friday. 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 firm’s 50-day moving average price is GBX 73.38 and its 200-day moving average price is GBX 76.75. The company has a market capitalization of £229.98 million, a PE ratio of -1,058.57, a P/E/G ratio of -3.14 and a beta of 1.09. NewRiver REIT has a 1-year low of GBX 67.50 ($0.86) and a 1-year high of GBX 92.11 ($1.17).

Analyst Upgrades and Downgrades

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

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.