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LONDON - Supermarket Income REIT plc (LSE: LON:SUPR), a UK-based real estate investment trust specializing in grocery property assets, announced today an interim dividend of 1.53 pence per share for the quarter ending March 31, 2025. This dividend is scheduled to be distributed as a cash payment around May 23, 2025, to shareholders who are on the register by April 25, 2025. The shares will go ex-dividend on April 24, 2025.
The company has decided against offering the option for shareholders to receive the dividend in the form of additional shares, a program known as the scrip dividend alternative. The Board cited the current trading of the company’s shares at a discount to the published EPRA Net Tangible Assets per share as the reason for suspending this option, indicating it would not be in the best interests of shareholders. Consequently, all eligible shareholders will receive the third quarterly dividend in cash.
The Board has expressed that it will consider reinstating the scrip dividend alternative for future quarterly dividends, suggesting a continuous assessment of shareholder value and market conditions.
Supermarket Income REIT’s investment strategy focuses on grocery stores that support both online and in-person sales, reflecting the evolving nature of retail and consumer habits. The properties are leased to leading supermarket operators, providing a diversified portfolio by tenant and geography.
The announcement reaffirms the company’s commitment to delivering secure, inflation-linked income streams and targeting progressive dividends for its investors. The company’s shares are traded on the London Stock Exchange (LON:LSEG)’s Main Market and have a secondary listing on the Johannesburg Stock Exchange in South Africa.
This declaration of dividend is based on a press release statement issued by the company and reflects the company’s performance and strategic decisions regarding shareholder returns.
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