Added to YB: 2024-03-20
Pitch date: 2024-03-15
SUPR.L [bullish]
Supermarket Income REIT plc
+19.92%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
GBP 955.9M
Pitch Price
GBP 0.66
Price Target
N/A
Dividend
7.90%
EV/EBITDA
N/A
P/E
271.02
EV/Sales
14.01
Sector
Retail REITs
Category
dividend
The Dividend Note - 8% yield | $SUPR
SUPR.L: Supermarket Income REIT owns 55 UK supermarkets, 77% rental income from Sainsbury's & Tesco. Trades at 15% discount to NAV, 8% yield. H1 rent +10%, EPRA NAV -5%, op profit +18%. Refinancing risk but inflation-linked rents support div. On track for 6.06p FY24 div.
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