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Supermarket Income REIT Plc ( (GB:SUPR) ) has shared an update.
Supermarket Income REIT plc has announced an interim dividend of 1.53 pence per share for the period from January to March 2025, to be paid in cash on or around May 23, 2025. Due to the company’s shares trading at a discount, the board has decided to suspend the scrip dividend alternative, opting instead for a cash-only distribution. This decision reflects the board’s focus on shareholder interests and financial prudence, while they continue to evaluate the potential for offering a scrip dividend in future quarters.
More about Supermarket Income REIT Plc
Supermarket Income REIT plc is a real estate investment trust focused on investing in grocery properties, which are essential to the infrastructure for feeding the nation. The company targets omnichannel grocery stores that support both online and in-person sales, with properties leased to leading supermarket operators in the UK and Europe. It aims to provide long-dated, secure, inflation-linked income with opportunities for capital appreciation and progressive dividends.
YTD Price Performance: 14.20%
Average Trading Volume: 4,955,823
Technical Sentiment Signal: Strong Sell
Current Market Cap: £952.1M
Learn more about SUPR stock on TipRanks’ Stock Analysis page.