Roundtable Discussion; The Future of Mineral Sands. 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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What did you think faramog? I've been invested here for a while now & pretty positive about my investment going forward. I think the dividend is as secure here as anywhere, interesting comparison with the Tesco bond on the final slide.
Been on my radar a while and going to listen in to the IM in 15 mins ... the report last Nov is really pretty comprehensive and makes for a solid read. Not sure I see much more than a slightly undervalued high dividend payer right now. Just the very high exposure to two big supermarkets and current 'cost of living' headwinds to be rather more clear on.
https://rtfilesprod.blob.core.windows.net/originalnotes/supermarket-income-reit_32856_20231106.pdf?sv=2019-07-07&sr=b&sig=0Yote%2FZFuLWJOA%2BM%2BrxzHyuOWJL6JVxh7kfN9PpD87k%3D&se=2024-03-15T10%3A48%3A20Z&sp=r
Supermarket Income REIT plc will announce its half year results for the six months ended 31 December 2023 on Wednesday, 13 March 2024…..
I’m expecting these results to be very good; will hopefully put a few percent on the share price.
Long term should be around 100p. Interest rate cut when it comes will fuel the share price. Interest rates of 4% by 2026 gives me time to add here.
Doubtful given the nature of the business. They have the most recession resistant tenants who tend to remain in situ long term. Net gearing a very conservative 15%. Underpriced
Big December valuation haircut incoming?
See my advice below…BATS up over 7 percent today.
Balkwill66…..fwiw I think the Best Buy at the mo is BATS at under 24 quid a share. BATS divi is near 10 percent. BATS also trading at a 10 year low.
SUPR is a REIT and trading/custody costs are the same as any other share not funds, I have these in IWEB, HL, II and Fineco and there are no charges to hold the shares, usual buy and sell charges apply. There are management charges but these are not levied on shareholders directly but can be considered like the costs to run any company (see KIDD). The dividend declared is what you get except for a 20% tax deduction sent to HMRC if not in a ISA, Pension or help by a company.
That’s not strictly true sadly, SUPR is a fund and therefore has ongoing fund charges of 2.6% pa, whereas an individual share doesn’t have these charges, aside from the ongoing fund charges there are also charges from the platform eg ii, HL or Barclays. I also have a HL account and it gives a full breakdown of charges, it suggests as well as the 2.6%pa on going charge there are also massive transaction costs. The total costs as a % on a £5k investment in SUPR are 6.76% which sounds incorrect. Am I missing something? Does it look more attractive with a much larger investment?
If not I’m better off with Primary Health Properties which has much lower costs or individual shares like house builders with decent dividend returns and likely growth as interest rates come down…..
Look for a different broker. I'm with ii. Hargreaves seem to be a bit more expensive than ii, but probably cheaper than your deal. Presumably, any investment will have the same charges, shouldn't make any difference if you buy SUPR or GSK or BP.
Hi all, I’m a novice investor with a modest stocks&shares ISA with Barclays smart investor. I have looked at buying in to SUPR but the total charges seem crazy via Barclays, making the yield about half of the headline figure. Any advice? Much appreciated!
The Second Quarterly Dividend will be paid on 14 February 2024 to shareholders on the register as of 12 January 2024. The ex-dividend date will be 11 January 2024.
Could be - but I'm hoping there's more to come. And a very nice dividend whilst I wait.
Made a very quick profit, which seemed the right thing to do.
Good morning.
Sold for a profit a few weeks ago.
Bought some again on the dip.
Will probably hold for the upcoming dividend.
GLA holders
Don't take too much notice of this lot and I think we know this already but a good write up nonetheless.
https://www.fool.co.uk/2023/11/01/which-ftse-250-stock-should-i-buy-in-november/
Supermarket Income REIT announces that Sapna Shah, an Independent Non-Executive Director of the Company, has been appointed as a Non-Executive Director of BlackRock Greater Europe Investment Trust plc.
Good to know, for when BlackRock start to send these back to 130p…..
Just bought a chunk of shares a few minutes ago.
The dividend yield looks pretty good.
Let's see the SP goes from here.
GLA holders.
In case you missed our webinar with Supermarket Income REIT (SUPR), the recording can be found on our YouTube channel: https://www.youtube.com/watch?v=U-lidNH_FMA
The dividend is up a tiny amount and paid as PID which means at least this one is covered so a little bit of good news.
The First Quarterly Dividend will be paid on or around 16 November 2023 to shareholders on the register as of 13 October 2023. The ex-dividend date will be 12 October 2023.
Why no announcement yet ? (it was previously announced on 23/9/21 and 21/9/22).