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Supermarket Income REIT PLC
Notice of Dividend Amount • Sep 17, 2020
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Notice of Dividend Amount
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National Storage Mechanism | Additional information 
RNS Number : 2329Z
Supermarket Income REIT PLC
17 September 2020
SUPERMARKET INCOME REIT
(the "Company")
LEI: 2138007FOINJKAM7L537
Dividend declaration AND DIVIDEND TARGET INCREASE
The Board of Directors of Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, has today declared an interim dividend in respect of the period from 1 July 2020 to 30 September 2020 of 1.465 pence per ordinary share, payable on or around 16 October 2020 (the "First Quarterly Dividend").
The Company is pleased to announce an increase to the dividend target for the financial year ending 30 June 2021. The dividend target has been increased in line with June 2020 RPI inflation resulting in a new annual dividend target of 5.86 pence per Ordinary Share.
The First Quarterly Dividend will be paid as a Property Income Distribution ("PID") in respect of the Company's tax-exempt property rental business to ordinary shareholders on the register on 25 September 2020. The ex-dividend date will be 24 September 2020.
KEY DATES:
| Dividend Announcement Date | 17 September 2020 |
| Ex-dividend Date | 24 September 2020 |
| Record Date | 25 September 2020 |
| Dividend Payment Date | 16 October 2020 (on or around) |
| FOR FURTHER INFORMATION: | |
| Atrato Capital Limited | |
| Ben Green / Steve Windsor / Steve Noble | [email protected] |
| Stifel Nicolaus Europe Limited | +44 (0)20 7710 7600 |
| Mark Young / Matt Blawat | |
| FTI Consulting | +44 (0)20 3727 1000 |
| Dido Laurimore / Eve Kirmatzis / Andrew Davis | [email protected] |
NOTES TO EDITORS:
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 45 properties(1) are let to leading UK supermarket operators, diversified by both tenant and geography.
The Company provides investors with attractive, long-dated, secure, inflation-linked, growing income with the potential for capital appreciation over the longer term and targets a 7% to 10% p.a. total shareholder return over the medium term(2). The Company has increased its dividend target in line with UK RPI inflation each year.
The Company's ordinary shares were admitted to trading on the Specialist Fund Segment of the London Stock Exchange's Main Market for listed securities on 21 July 2017.
Atrato Capital is the Company's Investment Adviser.
Further information is available on the Company's website www.supermarketincomereit.com
(1) 19 direct properties, plus 26 via joint venture
(2) There is no certainty that these illustrative projections will be achieved
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