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

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 of this dividend is Thursday, July 11th. The official announcement can be seen at this link.

Supermarket Income REIT Price Performance

LON SUPR opened at GBX 74.03 ($0.94) on Friday. Supermarket Income REIT has a fifty-two week low of GBX 69.50 ($0.88) and a fifty-two week high of GBX 88.80 ($1.12). The stock’s 50-day moving average is GBX 73.50 and its two-hundred day moving average is GBX 76.93. The firm has a market cap of £925.36 million, a P/E ratio of -612.50, a price-to-earnings-growth ratio of 15.09 and a beta of 0.28. The company has a debt-to-equity ratio of 51.91, a current ratio of 0.43 and a quick ratio of 1.95.

Analyst Upgrades and Downgrades

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

Insider Activity

In related news, insider Andrew Nicholas Hewson sold 529,887 shares of the business’s 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). 1.47% of the stock is currently owned by company insiders.

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.