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RNS Number : 5317D

Yew Grove REIT PLC

29 June 2021

Yew Grove REIT plc

(the "Company" or "Yew Grove ")

Q2 2021 Dividend

Yew Grove REIT plc (LSE:YEW, Euronext:YEW), which owns a diversified portfolio of Irish commercial property assets, announces that the Board of Directors has approved the payment of an interim ordinary dividend in respect of the second quarter of 2021 (being the period from 1 April to 30 June) of 1.30 cents per ordinary share.

This dividend will be paid on 27 July 2021 to shareholders on the register on 9 July 2021 with a corresponding ex-dividend date of 8 July 2021.

The Board recognises the importance of quarterly dividends for shareholders. This interim ordinary dividend is consistent with the Company's target of paying a consistent and sustainable quarterly dividend.

For further information contact:

 
   Yew Grove REIT plc                                          +353 1 485 3950 
   Jonathan Laredo, Chief Executive 
    Officer 
   Charles Peach, Chief Financial 
    Officer 
   Michael Gibbons, Chief Investment 
    Officer 
   Goodbody Stockbrokers UC                                    +353 1 667 0400 
   Joint Broker & Euronext Growth 
    Advisor 
   David Kearney, John Flynn, Edel 
    O'Reilly 
   Liberum Capital Limited 
   Joint Broker & Nomad                                        +44 20 3100 2000 
   Richard Crawley, Jamie Richards 
   IFC Advisory Limited                                        +44 203 934 6630 
   Financial PR                                                yewgrovereit@investor-focus.co.uk 
   Tim Metcalfe, Graham Herring 
 

Forward-looking Statements

Certain information contained in this announcement may constitute forward looking information. This information relates to future events or occurrences or the Company's future performance. All information other than information of historical fact is forward looking information. The use of any of the words "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "should", "believe", "predict" and "potential" and similar expressions are intended to identify forward looking information. This information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. No assurance can be given that this information will prove to be correct and such forward looking information included in this announcement should not be relied upon. Forward-looking information speaks only as of the date of this announcement. The forward-looking information included in this announcement is expressly qualified by this cautionary statement and is made as of the date of this announcement. The Company and its group does not undertake any obligation to publicly update or revise any forward-looking information except as required by applicable securities laws.

Notes to editors

Yew Grove REIT plc, quoted on the London Stock Exchange's AIM market and on the regulated market of Euronext Dublin, is an Irish commercial real estate company invested in a diversified portfolio of Irish commercial property. Yew Grove has a particular focus on well-tenanted commercial real estate assets comprising of office and industrial assets outside of Dublin's Central Business District.

Yew Grove's highly experienced team has a proven track record in commercial property investment and asset management in Ireland and internationally and is focused on delivering results. Its investment approach is strategic, not speculative, principally on assets that are let, pre-let or to be let after refurbishment. Shareholders are provided with stable, long-term income from a diverse portfolio of commercial property comprising well-tenanted real estate in strategic centres let to Irish government entities and other state bodies, IDA Ireland supported and other FDI companies, and larger corporates.

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(END) Dow Jones Newswires

June 29, 2021 10:23 ET (14:23 GMT)

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