# NewRiver REIT declare second quarterly dividend of 5.4 pence per share

- Link: https://www.directorstalkinterviews.com/newriver-reity-declare-second-quarterly-dividend-of-5-4-pence-per-share/412794264
- Published: 2019-10-01T07:21:43+01:00
- Author: Amilia Stone

**NewRiver REIT** (LON:NRR) today announced that it has declared a second quarterly
dividend of 5.4 pence per share in respect of the year ending 31 March 2020. This
dividend will be paid as a Property Income Distribution.

The dividend payment date will be 15 November 2019 and the dividend will be paid
to shareholders on the register at close of business on 18 October 2019. The ex-
dividend date will be 17 October 2019.

Shareholders can receive additional new ordinary shares in the Company instead of
their cash dividend, with no dealing charges or stamp duty incurred, under the Company’s
scrip dividend scheme. To receive the scrip dividend, shareholders need to make 
an election ahead of the dividend election date on 1 November 2019.   

Details of the price at which the new ordinary shares will be issued will be announced
via RNS ahead of the dividend election date. Certificates in respect of the new 
ordinary shares will be despatched on the dividend payment date.

**Scrip Dividend Scheme**

At the Annual General Meeting held on 14 July 2017, shareholders approved the introduction
of a scrip dividend scheme. Shareholders can receive additional shares in the Company
instead of their cash dividend, with no dealing charges or stamp duty incurred.

To elect to receive additional new ordinary shares of 1 penny each in the capital
of the Company instead of a cash dividend, shareholders need to log onto www.signalshares.
com and follow the instructions. For certificated shareholders, the election will
apply to all future relevant dividends unless cancelled. For shareholders who hold
their shares in CREST, an election will be required for each relevant dividend.

Shareholders should read the scrip dividend scheme booklet, which contains the terms
and conditions applicable to the scrip dividend scheme, before deciding to make 
an election. A copy of the scrip dividend scheme booklet can be found on the “Scrip
Dividend Scheme” web page within the “Investor Centre” section of the NewRiver REIT
website – www.nrr.co.uk. 

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