Insider Buying: Supermarket Income REIT (LON:SUPR) Insider Buys 75,000 Shares of Stock

Supermarket Income REIT (LON:SUPR) 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

LON:SUPR opened at GBX 69.90 ($0.91) on Thursday. The company has a market cap of £873.75 million, a P/E ratio of -3,506.05, a P/E/G ratio of 15.09 and a beta of 0.31. The firm’s 50 day moving average is GBX 73.68 and its two-hundred day moving average is GBX 73.88. Supermarket Income REIT has a fifty-two week low of GBX 68.10 ($0.89) and a fifty-two week high of GBX 88.80 ($1.16). The company has a quick ratio of 1.95, a current ratio of 0.46 and a debt-to-equity ratio of 62.01.

Supermarket Income REIT Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 10th will be given 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 dividend yield of 2.03%. The ex-dividend date of this dividend is Thursday, October 10th. Supermarket Income REIT’s dividend payout ratio (DPR) is -30,000.00%.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “hold” rating on shares of Supermarket Income REIT in a 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.