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Real Estate

Supermarket Income REIT declares fourth-quarter dividend

Supermarket Income REIT PLC (LSE:SUPR, OTC:SUPIF) has declared an interim dividend for the period between April 1 and June 30 of 1.515p a share.

This fourth-quarter dividend will be paid on or around August 16 as a Property Income Distribution (PID) in respect of Supermarket REIT's tax-exempt property rental business to shareholders on the register as of July 12.

The ex-dividend date will be 11 July.

Supermarket REIT has now declared four quarterly dividends totalling 6.06p this financial year.

The company has decided to suspend its scrip dividend alternative given the current discount to net tangible assets on the share price.

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