Supermarket Income REIT (LON:SUPR – Get Free Report) hit a new 52-week low on Wednesday . The company traded as low as GBX 69.50 ($0.90) and last traded at GBX 69.65 ($0.91), with a volume of 12530113 shares changing hands. The stock had previously closed at GBX 69.70 ($0.91).
Analyst Upgrades and Downgrades
Separately, Shore Capital restated a “hold” rating on shares of Supermarket Income REIT in a research note on Tuesday.
Read Our Latest Stock Analysis on SUPR
Supermarket Income REIT Trading Up 0.1 %
Supermarket Income REIT Increases Dividend
The company also recently declared a dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 10th will be issued a GBX 1.53 ($0.02) dividend. This is a positive change from Supermarket Income REIT’s previous dividend of $1.52. This represents a yield of 2.03%. The ex-dividend date is Thursday, October 10th. Supermarket Income REIT’s payout ratio is currently -30,000.00%.
Insider Transactions at Supermarket Income REIT
In other Supermarket Income REIT news, insider Andrew Nicholas Hewson bought 75,000 shares of Supermarket Income REIT stock in a transaction that occurred on Wednesday, November 6th. The shares were bought at an average cost of GBX 69 ($0.90) per share, with a total value of £51,750 ($67,365.27). Insiders own 1.41% of the company’s stock.
About Supermarket Income REIT
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 supermarkets are let to leading UK supermarket operators, diversified by both tenant and geography.
Featured Articles
- Five stocks we like better than Supermarket Income REIT
- What is a Death Cross in Stocks?
- Gilead’s Stock Surge: What’s Fueling the Momentum?
- How Technical Indicators Can Help You Find Oversold Stocks
- Breakout Alert: Qualcomm Just Hit The Rally Button
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Mercado Libre Shares Go on Sale: Is Now the Time to Buy?
Receive News & Ratings for Supermarket Income REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Supermarket Income REIT and related companies with MarketBeat.com's FREE daily email newsletter.