Shore Capital Reiterates Hold Rating for Supermarket Income REIT (LON:SUPR)

Shore Capital restated their hold rating on shares of Supermarket Income REIT (LON:SUPR) in a research note released on Tuesday morning, Marketbeat Ratings reports.

Supermarket Income REIT Price Performance

The company has a debt-to-equity ratio of 62.01, a current ratio of 0.46 and a quick ratio of 1.95. The firm has a market capitalization of £870 million, a PE ratio of -3,495.00, a P/E/G ratio of 15.09 and a beta of 0.31. The firm has a 50 day moving average of GBX 73.68 and a 200-day moving average of GBX 73.88. Supermarket Income REIT has a 1 year low of GBX 68.10 ($0.89) and a 1 year high of GBX 88.80 ($1.16).

Supermarket Income REIT Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 10th will be given a dividend of GBX 1.53 ($0.02) per share. The ex-dividend date of this dividend is Thursday, October 10th. This represents a dividend yield of 2.03%. This is a boost from Supermarket Income REIT’s previous dividend of $1.52. Supermarket Income REIT’s dividend payout ratio (DPR) is presently -30,000.00%.

Insider Transactions at Supermarket Income REIT

In other Supermarket Income REIT news, insider Andrew Nicholas Hewson acquired 75,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The stock was purchased at an average price of GBX 69 ($0.90) per share, for a total transaction of £51,750 ($67,365.27). Company insiders own 1.41% of the company’s stock.

About Supermarket Income REIT

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.