Dividend Munchers May Want to Consider a Punt as NewRiver Rises to Meet a Shopping Flood

Hello, Share Takers. A company with the initials REIT after its name can be good news for shareholders. That’s because such firms have an obligation to pay out much of profit by way of dividends. REIT stands for Real Estate Investment Trust, in other words an outfit that owns, operates or finances income-generating property. Modelled after mutual funds, REITS offer income for investors but have a bigger task offering asset appreciation.

NewRiver REIT (#NRR) – Q1 rent collection 82%, Q2 78%

NewRiver REIT (#NRR) – agreement to sell community pub business for approx. £222.3m

NewRiver REIT (#NRR) – FY update, looking to divest community pub business

NewRiver REIT (#NRR) – Q3 rent “collected or had alternative payments agreed” 66%

NewRiver REIT (#NRR) – Q2 60% retail rent collected & 20% alternative payment terms agreed, Q1 now respectively 64% & 20%

Oohh…bad luck, Neil!

Tom Winnifrith noted in yesterday’s Bearcast that Neil Woodford had once again been selling liquid dividend payers in order to meet redemptions and so that Neil can prove the market wrong (reference Keir – which  slid alarmingly again today). In this case it was New River REIT (NRR), where he appears to have sold a large chunk of his holding to his old mates over at Invesco last Tuesday.

NewRiver REIT (#NRR) – £106.8m acquisition of pubs company Hawthorn Leisure

NewRiver REIT (#NRR) – confirms press comment of potential acquisition of Hawthorn Leisure Holdings

New River Retail - Bull Case Intact as Shares Cheapen

New River Retail (NRR) has issued a strong first quarter trading update which shows continued operation progress at this growing REIT. Even better, Brexit-related share price weakness looks to have created a potential buying opportunity for watchers of the shares.

New River Retail (#NRR) bullish trading statement - says no impact from Brexit

Buy New River Retail

Hello Share Crashers. I don’t want to worry Brexit fans too much, but did you know that my bookie is offered me 4 to 1on Brits voting us out of Europe? And the odds for staying in - 6 to 1 on. If we come out, property prices may fall as rich Europeans, and possibly the rest of the world demure from buying stuff over here. As the bookies think we will be staying in - often a better guide than opinion polls - it seems to me that we might look for property comp[anies to invest in.

NewRiver Retail - A REIT for Bullish Income Investors

NewRiver Retail (NRR), the AIM-listed real estate investment trust focused on the retail sector, has announced its annual results this morning. It marks the latest chapter in a stock which is likely to land in mainstream ETFs and funds later in the year.

NewRiver Retail – well placed to deliver

For those drawn to property investors with a strong focused proposition and proven, experienced management, NewRiver Retail (NRR) should appeal. It is a highly specialised UK REIT, focused on generating surplus cash for distribution in dividends. It invests in high yielding - around 9% pa – but well placed regional shopping centres, on its own and in conjunction with joint venture partners such as US bond investor PIMCO, from which it earns additional management fees.