NewRiver REIT Announces Scrip Dividend Reference Price

NewRiver REIT ( (GB:NRR) ) has provided an update.

NewRiver REIT has announced the scrip dividend reference price for shareholders opting for the scrip dividend alternative for the final dividend of the year ended 31 March 2025, set at 73.71 pence per ordinary share. This initiative allows shareholders to receive additional shares instead of cash dividends, with the election deadline set for 18 July 2025, and the new shares to be dispatched on 8 August 2025. The scrip dividend scheme, renewed at the 2023 Annual General Meeting, offers shareholders a cost-effective way to increase their holdings without incurring dealing charges or stamp duty.

The most recent analyst rating on (GB:NRR) stock is a Buy with a £90.00 price target. To see the full list of analyst forecasts on NewRiver REIT stock, see the GB:NRR Stock Forecast page.

Spark’s Take on GB:NRR Stock

According to Spark, TipRanks’ AI Analyst, GB:NRR is a Neutral.

NewRiver REIT scores a 67, reflecting a combination of robust cash flow management, strategic corporate actions, and attractive valuation metrics. However, challenges in revenue growth and profitability, alongside mixed technical indicators, moderate the overall score. The company’s strategic focus on essential retail assets and successful integration of acquisitions provide a positive outlook, but financial performance and technical trends suggest caution.

To see Spark’s full report on GB:NRR stock, click here.

More about NewRiver REIT

NewRiver REIT is a real estate investment trust company that primarily focuses on retail and leisure properties in the UK. The company offers investment opportunities in commercial properties and aims to provide sustainable income and capital growth for its shareholders.

Average Trading Volume: 796,097

Technical Sentiment Signal: Buy

Current Market Cap: £352.8M

For detailed information about NRR stock, go to TipRanks’ Stock Analysis page.