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

NewRiver REIT plc (LON:NRR) announced a dividend on Thursday, December 12th,Upcoming Dividends.Co.Uk reports. Shareholders 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 yield of 3.82%. The ex-dividend date of this dividend is Thursday, December 19th. The official announcement can be viewed at this link.

NewRiver REIT Trading Down 0.4 %

Shares of NRR stock opened at GBX 80 ($1.01) on Friday. NewRiver REIT has a 1-year low of GBX 67.50 ($0.86) and a 1-year high of GBX 87.97 ($1.12). The firm’s 50-day simple moving average is GBX 78.97 and its 200-day simple moving average is GBX 78.44. The firm has a market cap of £300.62 million, a P/E ratio of 8,030.00, a PEG ratio of -3.14 and a beta of 1.10. The company has a debt-to-equity ratio of 103.07, a current ratio of 5.40 and a quick ratio of 3.00.

Insider Buying and Selling at NewRiver REIT

In related news, insider Alastair Miller bought 18,297 shares of the company’s stock in a transaction dated Monday, September 30th. The stock was bought at an average price of GBX 82 ($1.04) per share, with a total value of £15,003.54 ($19,018.30). 7.73% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “house stock” rating on shares of NewRiver REIT in a report on Thursday.

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.