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Yew Grove REIT PLC   -  YEW   

Interim Dividend Confirmation

Released 12:36 06-Feb-2019

RNS Number : 2758P
Yew Grove REIT PLC
06 February 2019
 

Yew Grove REIT plc

 

("Yew Grove REIT" or the "Company")

 

Interim Dividend Confirmation

 

Yew Grove REIT plc (LSE:YEW, Euronext:YEW), which owns a diversified portfolio of Irish commercial property assets, announces that further to its results announcement earlier today and confirmation of the filing of its Initial Financial Statements with the Companies Registration Office ("CRO") in Ireland the Board of Directors has approved the payment of an interim dividend in respect of the period ended 31 December 2018 of 0.964 cents per ordinary share. This interim dividend will be paid (or CREST accounts credited) on 26 February 2019 to shareholders on the register on 15 February 2019 with a corresponding ex-dividend date of 14 February 2019. The Property Income Distribution ("PID") element of this interim dividend is 0.873 cents per share.

 

This dividend is consistent with guidance previously announced and the Company's target of paying a sustainable dividend out of net income.

 

 

Enquiries:

 

Yew Grove REIT plc


Tel: 353 (1) 480 3960

Jonathan Laredo, Chief Executive Officer



Michael Gibbons, Chief Investment Officer



Charles Peach, Chief Financial Officer






Investec Bank plc



NOMAD & Joint Broker:

David Anderson, Darren Vickers


Tel: +44 (0) 20 7597 5970

ESM Advisor & Joint Broker:

Tommy Conway, Eoin Kennedy

 


Tel: +353 (1) 421 0000

 

 

Goodbody Stockbrokers



Joint Broker:

David Kearney, Joe Gill


Tel +353 (1) 667 0400




 

Hume Brophy


Tel: + 353 (1) 662 4712

 

Media Enquiries


yewgrove@humebrophy.com

 

Edel Bach, Karin O'Conor



 




Notes to editors:

Yew Grove REIT is an Irish commercial real estate company invested in a diversified portfolio of Irish commercial property, with a particular focus on well-tenanted commercial real estate assets comprising office and industrial assets let to Irish government entities and other state bodies, IDA Ireland supported and other FDI companies, and larger corporates.

 


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Interim Dividend Confirmation - RNS