Supermarket Income REIT: Dividend Declaration
DIVIDEND DECLARATION
Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust providing secure, inflation-linked, long income from grocery property in the UK, has today declared an interim dividend in respect of the period from 1 January 2023 to 31 March 2023 of 1.5 pence per Ordinary Share (the “Third Quarterly Dividend”).
The Third Quarterly Dividend will be paid on (or around) 26 May 2023 as a Property Income Distribution (“PID”) in respect of the Company’s tax-exempt property rental business to Ordinary Shareholders on the register as of 21 April 2023. The ex-dividend date will be 20 April 2023.
Eligible shareholders can elect to receive new Ordinary Shares in the Company in lieu of a cash dividend (the “Scrip Dividend Alternative”). The Scrip Dividend Alternative price is to be calculated using the average of the closing middle market quotations for an Ordinary Share, as derived from the Daily Official List of the London Stock Exchange, for the five consecutive business days commencing on the ex-dividend date and will be announced by the Company and detailed on the Company’s website on 28 April 2023.
Any shareholders wishing to take up the Scrip Dividend Alternative will have until 5pm on 9 May 2023 either to return their completed mandate form to the Company Registrar, Link Group, at Corporate Actions, 10th Floor, Central Square, 29 Wellington Street, Leeds, LS1 4DL (in the case of shareholdings in certificated form) or to take the necessary action via the CREST system (in the case of shareholdings in uncertificated form).
Further details of the Scheme, including the Scrip Dividend Circular and Mandate Form, are available to view and download on the Company’s website at:
https://supermarketincomereit.com/investor-centre/dividends/
The Scrip Dividend Circular is also available for inspection at the National Storage Mechanism:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
In addition and in accordance with section 838 of the Companies Act 2006, Accounts of the Company have been prepared to support the payment of interim dividends to the Ordinary shareholders of the Company.
Below is a video, shot with the investment team of Atrato Group, the advisors behind SUPR, highlighting the Group’s investment strategy