Supermarket Income REIT Declares Dividend of GBX 1.53 (LON:SUPR)

Supermarket Income REIT (LON:SUPR) declared a dividend on Thursday, January 9th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, January 30th will be given a dividend of GBX 1.53 ($0.02) per share on Friday, February 28th. This represents a dividend yield of 2.32%. The ex-dividend date is Thursday, January 30th. The official announcement can be accessed at this link.

Supermarket Income REIT Stock Performance

Supermarket Income REIT stock traded down GBX 0.70 ($0.01) during mid-day trading on Friday, reaching GBX 66 ($0.81). 50,255,066 shares of the stock traded hands, compared to its average volume of 11,075,310. Supermarket Income REIT has a 12-month low of GBX 65.30 ($0.80) and a 12-month high of GBX 85.70 ($1.05). The business’s 50-day moving average is GBX 69.22 and its 200-day moving average is GBX 72.46. 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 stock has a market capitalization of £825 million, a PE ratio of -3,300.00, a price-to-earnings-growth ratio of 15.09 and a beta of 0.31.

Insider Buying and Selling at Supermarket Income REIT

In related news, insider Sapna Shah purchased 19,237 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The stock was bought at an average price of GBX 68 ($0.84) per share, for a total transaction of £13,081.16 ($16,095.93). Also, insider Andrew Nicholas Hewson acquired 75,000 shares of the stock in a transaction dated Wednesday, November 6th. The stock was bought at an average cost of GBX 69 ($0.85) per share, with a total value of £51,750 ($63,676.63). 1.41% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “hold” rating on shares of Supermarket Income REIT in a research report on Tuesday, November 5th.

Supermarket Income REIT Company Profile

Supermarket Income REIT plc is a real estate investment trust (REIT) dedicated to investing in supermarket property forming a key part of the future model of UK grocery. It provides investors with long-dated, secure, inflation-linked income with capital appreciation potential over the longer term