Dividend Declaration

RNS Number : 3175S

Supermarket Income REIT PLC

08 July 2020

 

SUPERMARKET INCOME REIT

(the "Company")

LEI: 2138007FOINJKAM7L537

DIVIDEND DECLARATION

The Board of Directors of Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, has today declared an interim dividend in respect of the period from 1 April 2020 to 30 June 2020 of 1.460 pence per ordinary share, payable on or around 7 August 2020. The ex-dividend date will be 16 July 2020 with a record date of 17 July 2020. The dividend will be paid 0.818 pence as a Property Income Distribution ("PID") in respect of the Company's tax-exempt property rental business and 0.642 as an Ordinary UK dividend.

The Company has now declared four quarterly dividends totalling 5.8 pence per ordinary share for the financial year ended 30 June 2020, achieving the Company's full-year dividend target.   

FOR FURTHER INFORMATION:

Atrato Capital Limited  [phone]

Ben Green

Steve Windsor

Steve Noble

Stifel Nicolaus Europe Limited  [phone]

Mark Young

Matt Blawat

Tavistock 

Jeremy Carey ([e-mail])  [phone]

James Whitmore ([e-mail])  [phone]

NOTES TO EDITORS:

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 16 properties are let to leading UK supermarket operators, diversified by both tenant and geography.

The Company provides investors with attractive, long-dated, secure, inflation-linked, growing income with the potential for capital appreciation over the longer term. The Company targets a 7% to 10% per annum total shareholder return over the medium term⁽¹⁾. The Company has increased its dividend target in line with UK RPI inflation each year.

The Company's ordinary shares were admitted to trading on the Main Market of the London Stock Exchange, Specialist Fund Segment, on 21 July 2017.

Atrato Capital is the Company's Investment Adviser.

Further information is available on the Company's website www.supermarketincomereit.com

(1) There is no certainty that these illustrative projections will be achieved

 

END

 

 

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