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LONDON - NewRiver REIT plc, a real estate investment trust, has declared a final dividend of 3.5 pence per share for the year ending March 31, 2025. This dividend, payable on August 8, 2025, is classified as a Property Income Distribution (PID) and will be available to shareholders registered by June 20, 2025. The ex-dividend date is set for June 19, 2025.
In a move to provide shareholders with flexible options, NewRiver has also offered a scrip dividend scheme, allowing shareholders to receive additional new ordinary shares instead of the cash dividend. This option comes with the advantage of no dealing charges or stamp duty. Shareholders interested in this scheme must make their election by July 18, 2025, with the issuance price of the new shares to be announced prior to this date. New share certificates will be dispatched concurrently with the cash dividend payment.
The scrip dividend scheme was approved at the Annual General Meeting on July 26, 2023, and has been in place since. To participate, shareholders must log onto www.signalshares.com and follow the instructions provided. For those holding certificated shares, the election to receive shares applies to all future dividends unless a cancellation is made. Shareholders using CREST must make a new election for each dividend.
NewRiver has made available a scrip dividend scheme booklet with full terms and conditions on its website for shareholders to review before making their decision. For further assistance or questions regarding the scheme, shareholders are directed to contact MUFG Corporate Markets at the provided phone number during business hours.
This dividend declaration follows the company’s announcement on June 3, 2025, and reflects NewRiver’s commitment to providing shareholder value. The information is based on a press release statement and has been disseminated by RNS, the news service of the London Stock Exchange (LON:LSEG).
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