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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Supermarket Income Reit Plc | SUPR | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.40 | -0.58% | 68.30 | 09:31:16 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 69.00 | 68.30 | 69.10 | 68.70 |
| Industry Sector |
|---|
| REAL ESTATE INVESTMENT TRUSTS |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 03/10/2024 | Interim | GBP | 0.0153 | 10/10/2024 | 11/10/2024 | 15/11/2024 |
| 04/07/2024 | Interim | GBP | 0.01515 | 11/07/2024 | 12/07/2024 | 16/08/2024 |
| 04/04/2024 | Interim | GBP | 0.01515 | 11/04/2024 | 12/04/2024 | 16/05/2024 |
| 04/01/2024 | Interim | GBP | 0.01515 | 11/01/2024 | 12/01/2024 | 14/02/2024 |
| 05/10/2023 | Interim | GBP | 0.01515 | 12/10/2023 | 13/10/2023 | 16/11/2023 |
| 06/07/2023 | Interim | GBP | 0.015 | 13/07/2023 | 14/07/2023 | 04/08/2023 |
| 11/04/2023 | Interim | GBP | 0.015 | 20/04/2023 | 21/04/2023 | 26/05/2023 |
| 12/01/2023 | Interim | GBP | 0.015 | 19/01/2023 | 20/01/2023 | 23/02/2023 |
| 21/09/2022 | Interim | GBP | 0.015 | 06/10/2022 | 07/10/2022 | 16/11/2022 |
| 08/07/2022 | Interim | GBP | 0.01485 | 14/07/2022 | 15/07/2022 | 22/08/2022 |
| Interim | GBP | 0.01485 | 21/04/2022 | 22/04/2022 | 27/05/2022 | |
| 23/09/2021 | Interim | GBP | 0.01485 | 07/10/2021 | 08/10/2021 | 16/11/2021 |
| 08/07/2021 | Interim | GBP | 0.01465 | 15/07/2021 | 16/07/2021 | 20/08/2021 |
| 08/04/2021 | Interim | GBP | 0.01465 | 15/04/2021 | 16/04/2021 | 21/05/2021 |
| 08/01/2021 | Interim | GBP | 0.01465 | 21/01/2021 | 22/01/2021 | 26/02/2021 |
| 17/09/2020 | Interim | GBP | 0.01465 | 24/09/2020 | 25/09/2020 | 16/10/2020 |
| 08/07/2020 | Interim | GBP | 0.0146 | 16/07/2020 | 17/07/2020 | 07/08/2020 |
| 08/04/2020 | Interim | GBP | 0.0146 | 30/04/2020 | 01/05/2020 | 22/05/2020 |
| 03/09/2019 | Interim | GBP | 0.0146 | 16/01/2020 | 17/01/2020 | 07/02/2020 |
| Top Posts |
|---|
Posted at 20/11/2024 13:48 by chucko1 Nickrl, even if it was not to recover and was at, say 62p, then 15% below a reduced NAV of 90p - so 76.5p - would represent a 26% total return from the current level.I certainly get your point, but I do not use historic cost (and I have lost a little bit here even including dividends) as a decision input and so this return calculated above should provide some comfort against your concern. I do not think SUPR is a likely takeover candidate, and would not agree to a lowball price most likely. |
Posted at 20/11/2024 13:07 by speedsgh SUPR income mix by rent review type - indexation (30/6/24):RPI 70% CPI 6% ILC 4% Fixed 2% OMV 18% Total 100% SUPR income mix by rent review frequency (30/6/24): Annual 58% 5 yearly 41% 7 yearly 1% Total 100% |
Posted at 20/11/2024 12:59 by chucko1 CC, I would say that a lot of what you wrote in #2391 is bang on the mark. However, if you are going to make what is tantamount to an interest rate play, recall that Ben Green and Steve Windsor are more experienced in this field than ANY OTHER REIT manager.But it is not interest rates on their own, but rather, the relationship between relevant inflation and interest rates. In that respect, we have moved since 2022 from long term inflation yields (SUPR mimic this) rising from -250bps (quite absurd) to +125bps or so. Ceteris paribus, that has rerated SUPR from very expensive to pretty cheap. Cheap things can get cheaper, but my own inflation and IR projections (using today's curves, and I have been doing this for ages prior) indicate that dividend cover will be tight but >1.0x, and incremental measures such as market value management fees and in-house service provision as well as increasing yield spreads via EU purchases reflects equal concern from management. However, I see c. 9% as excellent compensation for this blend of long-term risks/opportunities. On this issue of Blackrock's variation in holding, I would read literally nothing into that. It could arise from a variation in a short or modification in a third party total return swap, whether referencing SUPR or perhaps an index including SUPR - or one of a hundred other reasons. Blackrock tend to act as a lender of stock on many issues, simply because they are bound to be long term holders in order to hedge their sales of index-linked products and other relevant securities. |
Posted at 08/11/2024 12:59 by riskvsreward I have small starting positions on most of your list and am hesitating about when and at what price to add on those positions. The questions that are hard to get an answer with some conviction is how reliable are those NAVs, and how sustainable are those great dividend yields. Remember dgi9 and grid used to claim high NAVs and paid big dividends. Luckily I have not bought either of those two. |
Posted at 06/11/2024 09:59 by mister md Increased my holding @ 70p today - not expecting much shareprice-wise, but the dividend yield is now very attractive. |
Posted at 01/11/2024 09:01 by laurence llewelyn binliner 1Knocker, interesting comment as always, I have had EBOX/BBOX/SUPR on my radar for 2024 and trying to pick the safest place for sustained dividends to build a position.Progressive dividends here in year 7 with the share price under pressure from increased debt interest from refinancing off the next to ZIRP low was always going to get more expensive, near term that will not change as it cycles through, but I have yet to try and break down their debt and renewal points with corresponding cost increases, I was using the share price to tell me that.. :o) c71 pence entry does look good value for 6 pence income for 2025, share price has been pretty flat for 18 months.. Our new Gov tax/borrow and spend policy is going down a treat.. |
Posted at 31/10/2024 18:57 by chucko1 "So this looks like as clean a shirt as any from the dirty washing pile."SOHO seems cleaner still. With Atrato to be the new IM and with rents uncapped as is the case with SUPR, the risk has now been slanted in favour of the former if you consider the additional risk to yields from yesterday's budget. Note the muted movement in SOHO as compared with things like SUPR and especially BBOX. If yields were to spike, say, a Truss-esque 200bps, the likes of BBOX, SREI, PHP etc. would be far more exposed. There would been remaining yield spread left in those three, whereas there would be some leeway in SUPR, SOHO and a few others of similarly good quality yielding 8.5% and above. The wind down candidates with imputed yields of 15% and more and of short duration are unaffected by the Gilt mess, and represent a decent risk management tool. Similarly (especially), ASLI which basically is a Euro balance sheet enjoys both a low current price with funding scenarios diametrically opposite those with GBP balance sheets. Enjoy the madness, although the probability of a crisis affecting us all badly is material. |
Posted at 31/10/2024 18:26 by mpage Your missing the refinancing risk of their debt. This is a problem for many property-related vehicles collecting rent. We really don't know the shape of the landscape in, say, 2029. SUPR divs are what's left over from the gap between rents in and debt financing out. Rent rises are capped at 4%. One risk is that dividend growth of SUPR could be really rather meagre - I think this is why they have gone to France, the spreads are a bit wider. |
Posted at 03/10/2024 07:46 by spoole5 Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust with secure, inflation-linked, long-dated income from grocery property, has today declared an interim dividend in respect of the period from 1 July 2024 to 30 September 2024 of 1.53 pence per ordinary share (the "First Quarterly Dividend").The First Quarterly Dividend will be paid on or around 15 November 2024 as a Property Income Distribution ("PID") in respect of the Company's tax-exempt property rental business to shareholders on the register as of 11 October 2024. The ex-dividend date will be 10 October 2024.As the Company's ordinary shares are currently trading at a discount to the published EPRA Net Tangible Assets per share, the board of directors of the Company (the "Board") believes that it is not in the best interests of shareholders to offer the scrip dividend alternative, under which shareholders would have been able to elect to receive new ordinary shares in lieu of the cash dividend (the "Scrip Dividend Alternative"). The Board has therefore exercised its discretion to suspend the Scrip Dividend Alternative in respect of the First Quarterly Dividend.All shareholders who are entitled to receive the First Quarterly Dividend will therefore receive it in cash.The Board will keep under consideration the offer of a scrip dividend alternative in respect of future quarterly dividends. |
Posted at 18/9/2024 11:36 by mpage The report makes it clear that the dividend comes a distant second place to earnings growth. Having committed themselves to a progressive /covered dividend - a 1% rise was the minimum needed to meet this requirement.Progressive is a weasel word. 6.0p>6.01p>6.0 SUPR's divi appears to be caught between the ceiling of capped rents and the floor of debt costs. Indeed, in the Principal Risks and Uncertainties section ,the #1 key risk shows a big red downwards arrow over the dividend growth rate. But anyone buying over the past 18 months as rates topped out, should be happy enough. |
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