Supermarket Income REIT (LON:SUPR) Hits New 12-Month High – What’s Next?

Supermarket Income REIT (LON:SUPR)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 83.20 ($1.13) and last traded at GBX 83.20 ($1.13), with a volume of 1452897 shares trading hands. The stock had previously closed at GBX 82.30 ($1.12).

Supermarket Income REIT Trading Up 0.4%

The stock has a 50 day simple moving average of GBX 78.63 and a 200-day simple moving average of GBX 73.30. The firm has a market capitalization of £1.04 billion, a P/E ratio of -49.12, a P/E/G ratio of 15.09 and a beta of 0.31. The company has a current ratio of 0.50, a quick ratio of 1.95 and a debt-to-equity ratio of 62.01.

Supermarket Income REIT (LON:SUPR) last released its quarterly earnings results on Wednesday, March 12th. The company reported GBX 3 ($0.04) earnings per share (EPS) for the quarter. Supermarket Income REIT had a negative return on equity of 1.89% and a negative net margin of 19.76%. On average, equities research analysts forecast that Supermarket Income REIT will post 6.0284281 EPS for the current fiscal year.

Supermarket Income REIT Announces Dividend

The company also recently declared a dividend, which will be paid on Monday, June 23rd. Shareholders of record on Sunday, June 15th will be paid a dividend of GBX 1.53 ($0.02) per share. The ex-dividend date of this dividend is Sunday, June 15th. This represents a dividend yield of 1.97%. Supermarket Income REIT’s dividend payout ratio is currently -352.93%.

About Supermarket Income REIT

Supermarket Income REIT plc (LSE: SUPR, JSE: SRI) is a real estate investment trust dedicated to investing in grocery properties which are an essential part of the feed the nation infrastructure. The Company focuses on grocery stores which are omnichannel, fulfilling online and in-person sales. The Company’s supermarkets are let to leading supermarket operators in the UK and Europe, diversified by both tenant and geography.

The Company’s assets earn long-dated, secure, inflation-linked, growing income.