Yew Grove REIT PLC Third Quarter Dividend (8580N)
26 Septiembre 2019 - 10:39AM
UK Regulatory
TIDMYEW
RNS Number : 8580N
Yew Grove REIT PLC
26 September 2019
26 September 2019
Yew Grove REIT plc
(the "Company" or "Yew Grove")
Third Quarter Dividend
Yew Grove REIT plc (LSE:YEW, Euronext Dublin:YEW), an Irish
commercial property REIT 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 third quarter 2019 period from 1 July 2019 to 26
September 2019 of 1.38 cents per ordinary share. This dividend will
be paid (or CREST accounts credited) on 24 October 2019 to
shareholders on the register on 4 October 2019 with a corresponding
ex-dividend date of 3 October 2019. The Property Income
Distribution ("PID") element of this interim ordinary dividend is
1.38 cents per ordinary share.
This interim ordinary dividend is consistent with the Company's
target of paying a sustainable quarterly dividend out of net income
and brings the total aggregate year to date dividend distribution
per ordinary share to 5.71 cents.
Enquiries:
Yew Grove REIT plc Tel: +353 (1) 485
3950
Jonathan Laredo, Chief Executive Officer
Charles Peach, Chief Financial Officer
Michael Gibbons, Chief Investment Officer
Investec Bank plc
NOMAD & Joint Broker: Tel: +44 (0) 20 7597
David Anderson, Cassie Herlihy 5970
ESM Advisor & Joint Broker: Tel: +353 (1) 421
Tommy Conway, Eoin Kennedy 0000
Goodbody Stockbrokers
Joint Broker: Tel +353 (1) 667 0400
David Kearney, Joe Gill
IFC Advisory Tel +44 (0) 203 934
Financial PR 6600
Tim Metcalfe, Graham Herring
Notes to editors:
Yew Grove REIT plc, quoted on the London Stock Exchange's AIM
and Euronext Growth 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 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.
ENDS
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contact rns@lseg.com or visit www.rns.com.
END
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September 26, 2019 11:39 ET (15:39 GMT)
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