First Quarter Dividend

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Regulatory News | 01 Apr, 2019

Updated : 07:07

RNS Number : 5808U
Yew Grove REIT PLC
01 April 2019
 

Yew Grove REIT plc

 

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

 

First Quarter Dividend

 

Yew Grove REIT plc (LSE:YEW, Euronext:YEW), which owns a diversified portfolio of Irish commercial property assets is pleased to announce that consistent with its dividend policy set out at the time of its IPO it is commencing the payment of quarterly dividends. The Board of Directors has approved the payment of an interim dividend in respect of the period 1 January 2019 to 29 March 2019 of 1.10 cents per ordinary share. This interim dividend will be paid (or CREST accounts credited) on 13 May 2019 to shareholders on the register on 12 April 2019 with a corresponding ex-dividend date of 11 April 2019. The Property Income Distribution ("PID") element of this interim dividend is 1.10 cents per share.

 

 

 

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




 

IFC Advisory

Financial PR

Tim Metcalfe, Graham Herring, Heather Armstrong


Tel +44 203 934 6634




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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