Supermarket Income REIT (LON:SUPR) Announces Dividend of GBX 1.52

Supermarket Income REIT (LON:SUPR) declared a dividend on Thursday, July 4th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 11th will be paid a dividend of GBX 1.52 ($0.02) per share on Friday, August 16th. This represents a dividend yield of 2.06%. The ex-dividend date is Thursday, July 11th. The official announcement can be viewed at this link.

Supermarket Income REIT Stock Performance

Shares of LON SUPR opened at GBX 74.10 ($0.94) on Friday. Supermarket Income REIT has a 12-month low of GBX 69.50 ($0.88) and a 12-month high of GBX 88.80 ($1.12). The firm has a market capitalization of £926.25 million, a price-to-earnings ratio of -612.50, a price-to-earnings-growth ratio of 15.09 and a beta of 0.28. The company has a current ratio of 0.43, a quick ratio of 1.95 and a debt-to-equity ratio of 51.91. The firm has a 50 day moving average of GBX 73.53 and a 200 day moving average of GBX 76.85.

Insiders Place Their Bets

In other news, insider Andrew Nicholas Hewson sold 529,887 shares of Supermarket Income REIT stock in a transaction dated Friday, May 24th. The stock was sold at an average price of GBX 74 ($0.94), for a total transaction of £392,116.38 ($495,973.16). Company insiders own 1.47% of the company’s stock.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “hold” rating on shares of Supermarket Income REIT in a research report on Friday, March 22nd.

Supermarket Income REIT Company Profile

Supermarket Income REIT plc?(LSE: SUPR) is a real estate investment trust dedicated to investing in grocery properties which are an essential part of the UK's feed the nation infrastructure. The Company focuses on grocery stores which are omnichannel, fulfilling online and in-person sales. All of the Company's supermarkets are let to leading UK supermarket operators, diversified by both tenant and geography.