Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
The latest update is out from Supermarket Income REIT Plc ( (GB:SUPR) ).
Supermarket Income REIT plc announced an interim dividend of 1.53 pence per ordinary share for the period from October 1 to December 31, 2024, to be paid in cash on February 28, 2025. Due to the shares trading at a discount to the EPRA Net Tangible Assets per share, the board has decided to suspend the scrip dividend alternative, opting instead for cash distribution to protect shareholders’ interests. This decision reflects the company’s strategic focus on maintaining shareholder value amidst market conditions.
More about Supermarket Income REIT Plc
Supermarket Income REIT plc is a real estate investment trust focused on grocery properties, crucial for the ‘feed the nation’ infrastructure. The company invests in omnichannel grocery stores with a presence in both online and physical sales, leasing properties to leading supermarket operators across the UK and Europe. The company generates income through secure, long-dated, inflation-linked leases and targets progressive dividends and capital appreciation.
YTD Price Performance: -0.73%
Average Trading Volume: 4,270,435
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £854.9M
See more insights into SUPR stock on TipRanks’ Stock Analysis page.
