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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.
Find out MoreTue, 08th Oct 2019 12:22
(Alliance News) - Supermarket Income REIT PLC said Tuesday it boosted its first quarter dividend by over 3%.
For the three months ended September, the retail-focused real estate investment trust proposed a 1.419 pence per share dividend. This is 3.2% higher than the 1.375p payout distributed the year prior.
Shares in Supermarket Income were 0.5% lower at 103.00 pence in London on Tuesday.
By Ahren Lester; ahrenlester@alliancenews.com
Copyright 2019 Alliance News Limited. All Rights Reserved.
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(Sharecast News) - The Financial Mail on Sunday's Midas column tipped stock in Supermarket Income REIT, telling readers the company, which owns a portfolio of large supermarkets across the country is set to benefit from Britons' changed attitudes even once the pandemic was in the rear-view mirror.
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