Andrew Nicholas Hewson Acquires 75,000 Shares of Supermarket Income REIT (LON:SUPR) Stock

Supermarket Income REIT (LON:SUPR - Get Free Report) insider Andrew Nicholas Hewson acquired 75,000 shares of the stock in a transaction dated Wednesday, November 6th. The stock was acquired at an average cost of GBX 69 ($0.90) per share, with a total value of £51,750 ($67,365.27).

Supermarket Income REIT Stock Performance

The stock's 50 day moving average price is GBX 73.68 and its 200-day moving average price is GBX 73.88. Supermarket Income REIT has a 52-week low of GBX 68.10 ($0.89) and a 52-week high of GBX 88.80 ($1.16). 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 firm has a market cap of £870 million, a PE ratio of -3,495.00, a P/E/G ratio of 15.09 and a beta of 0.31.

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 given a dividend of GBX 1.53 ($0.02) per share. The ex-dividend date of this dividend is Thursday, October 10th. This represents a yield of 2.03%. This is a boost from Supermarket Income REIT's previous dividend of $1.52. Supermarket Income REIT's payout ratio is currently -30,000.00%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a "hold" rating on shares of Supermarket Income REIT in a research report on Tuesday.

Supermarket Income REIT Company Profile

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.