Source - LSE Regulatory
RNS Number : 0712Q
Yew Grove REIT PLC
23 February 2021
 

 

Yew Grove REIT plc

 

(the "Company" or "Yew Grove ") Fourth Quarter 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 fourth quarter 2020 period from 1 October 2020 to 31 December 2020.

 

Dividend

 

On 23 February 2021, the Company declared a quarterly interim dividend of 1.40 cents per ordinary share which will be paid on 7 April 2021 to shareholders who are on the share register      at the close of business on 18 March 2021. The dividend includes a Property Income Distribution ("PID") of 1.21 cents per share and an ordinary dividend of 0.19 cents per share. This will bring the cumulative dividend declared for FY 2020 to 5.15 cents per share.

 

MAR information

 

This announcement is released by Yew Grove REIT plc and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the company's obligations under Article 17 of MAR.

 

 

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, Ronan Bransfield

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 Euronext Growth Market in 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DIVUOOURAOUUUAR
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.