Supermarket Income REIT (LON:SUPR) Stock Price Up 0.4% – Still a Buy?

Supermarket Income REIT (LON:SUPR) shares rose 0.4% on Thursday . The company traded as high as GBX 74.30 ($0.96) and last traded at GBX 72.10 ($0.94). Approximately 1,553,788 shares were traded during trading, a decline of 51% from the average daily volume of 3,164,623 shares. The stock had previously closed at GBX 71.80 ($0.93).

Supermarket Income REIT Stock Performance

The company has a current ratio of 0.46, a quick ratio of 1.95 and a debt-to-equity ratio of 62.01. The company has a market capitalization of £898.75 million, a PE ratio of -3,595.00, a PEG ratio of 15.09 and a beta of 0.31. The firm’s 50-day simple moving average is GBX 74.37 and its 200-day simple moving average is GBX 74.04.

Supermarket Income REIT Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 10th will be issued a dividend of GBX 1.53 ($0.02) per share. This is an increase from Supermarket Income REIT’s previous dividend of $1.52. This represents a yield of 2.03%. The ex-dividend date of this dividend is Thursday, October 10th. Supermarket Income REIT’s dividend payout ratio (DPR) is presently -30,000.00%.

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.