Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
To provide its shareholders with an attractive level of income together with the potential for capital growth by investing in a diversified portfolio of supermarket real estate assets in the UK.
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IG pay a single gross amount in the ISA account. I assume in a trading account they pay the net 80%, so then in your tax return you declare the PID income and the tax paid.
Barclays deduct the tax and make a reclaim on your behalf, and then you get tax payment a bit later. HL pays the two parts separately, but does not deduct tax. That's for SIPP and ISA. Don't hold shares outside a tax free wrapper.
Hi
Does anyone have any knowledge on the tax treatment of dividends from SUPR ?
I hold these shares in an AJ Bell ISA. Income from SUPR is paid in the form of Property Income Distribution (as opposed to dividends) and according to SUPR's website, tax of 20% is withheld and paid to HMRC. Income can be paid gross to certain organisations, including ISA managers, but only if they notify SUPR. The implication is that shareholders can claim back the tax from HMRC on their tax return
I am trying to get a definitive answer from AJ Bell but it is proving difficult, i'm not sure they fully understand the issue.
Does anyone have any knowledge of this ? Does anyone hold these shares outside of an ISA/SIPP ? If so, could you confirm the latest payment was 1.515p. This is what what i received from from ISA holding which will at least confirm that the payment is not gross.
I also hold AGR who also pay Property Income Distributions so i'll post this on their chat
On 15 May 2024, Close Brothers Asset Management sold 540,155 shares in SUPERMARKET INCOME REIT. This brought our shareholding to 4.99% of the shares in issue. This is the required notification that the holding has crossed below 5% of the shares in issue.
Dividends are in my IWEB, II and HL accounts.
Mine's in (ii)
Anyone got theirs yet? Guess there may be a lot going back in here at this price.
Very positive here and the shorters have a choice , buy back or increase their positions either way they have a problem .
Chicken feed for J.P. Morgan I suppose but I am gifting none of my shares to them until the sp is at a new high.
From Twitter
https://x.com/bezosric/status/1790346238656680132?s=46
This is interesting, may provide a gee up to #SUPR which owns lots of these type of properties.
https://www.telegraph.co.uk/business/2024/05/14/asda-built-houses-north-west-london-cut-debt-pile/
Actually, NEVER had shares in COPL…..look at my posting, I have trolled them relentlessly!!
Hi DenFos. Have you signed up for Cag at Copl?
I see you were a genuine holder so will have lost big there. Time to get your money back!
For me it's a positive move. Can't see big upside movement of £ v Euro.
It also increases potential risk/reward with exchange rates.
Plenty of positives in this for shareholders:
- Increased diversification by country / economy
- Increased diversification by supermarket chain
- Additional exposure to uncapped inflationary rent increases
- Positive funding spread for debt component
Very Interesting development. Moving outside the UK for the first time. No doubt they'll get the begging bowl out for shareholders again soon.
Could JP Morgan be reducing their short ? They certainly are not getting any of mine.
I can only hope that I am able to free up some investments early enough to buy in (earlier than planned)... the drop seems based on asset valuation changes in property from the little I read... but the income is not just 80%+ (and arguably higher) guaranteed, but index linked and partly incremental on supermarket profits ... which just went through the roof.
Not sure I see a lot of risk here if just wanting income, or to re-invest the dividend.... please don't recover just yet !!
Have also been topping up. Less than 42p is an absolute bargain IMO at over 8% yield. Only have 50% of what I'd like, but I'm patient. You never know how gready shorters can get.
Bought in ex div @ 71.49. This could get very interesting , the two shorters will be desperate to buy back in without raising the sp too much before the rate cut and a strong recovery .
I sold this last year at 87p, very surprised to see this back to 71 on Friday considering inflation has dropped significantly. Bought a starter again
I can't see any interest rate cuts before August. Actually inflation falling significantly and making an interest rate cut LOOK invertible will see a big rise in the share price.
Worth noting 1.5 million (supposedly) fixed rate mortgages come to an end this year.
This latest Jefferies report makes no sense, why just SUPR and not other REITS, why now when it was recommending SUPR just a few weeks ago and nothing has changed.
IMO we are now in a transition phase for inflation and Interest Rates which will eventually be good for SUPR but it is not a good situation at present as Inflation is below Interest Rates as this will restrict inflation based rent reviews while still paying more on interest rates but probably not that significant as most of the loans are fixed.
Would add more but already have quite a lot as it is my second biggest holding and don't like adding on a day the general market is up. Also looking more toward REIT special situation like ASLI and API as both may well be liquidated.
All that said good day to buy your own shares and save future dividend payments.
I just hope that the Central Banks do not keep pushing back the interest rate cuts. IMO it will all rest on the FED as the BOE will just follow.
I also added this morning to my long term pension holding. Looks like an all time low. Reckon incredible value here.