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Supermarket Income REIT (SUPR): Strong accretiv...
Supermarket Income REIT (SUPR): Strong accretiv....
About this update from Supermarket Income Reit Plc
[{"type":"text","content":"\n \n\n\nEdison Investment Research Limited\n\n\n\nEdison Investment Research Limited: Supermarket Income REIT (SUPR): Strong accretive growth continuing19-Feb-2021 / 07:00 GMT/BST\n\n\n \n\nLondon, UK, 19 February 2021\n\n \n\nSupermarket Income REIT (SUPR): Strong accretive growth continuing\n\nStrong portfolio growth continues, providing increased diversification and economies of scale. The proceeds of October's highly successful £200m equity offering were swiftly deployed by January and including subsequent investment are now effectively fully deployed, including leverage. With leading supermarket operators providing a strong tenant covenant and 100% of store rents received in advance as expected, there has been no pandemic interruption to inflation-linked dividend growth.\n\n \n\nBased on SUPR's FY21 aggregate DPS target of 5.86p, the prospective dividend yield is an attractive 5.4% with visible potential for growth. Compared with a group of other long income-focused REITs, its yield is above average with a similar P/NAV. \n\nClick here to view the full report or here to sign up to receive research as it is published. \n\n \n\nAll reports published by Edison are available to download free of charge from its website\n\nwww.edisongroup.com\n\nAbout Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors. By focusing on the volume and quality of investors reached - across institutions, family offices, wealth managers and retail investors - Edison can create and gauge intent to purchase, even in the darkest pools of capital, and then make introductions via non-deal roadshows, events or virtual meetings. \n\nHaving been the first in-market 17 years ago, Edison now has more than 100 analysts covering every economic sector. Headquartered in London, Edison also has offices in New York, Frankfurt, Amsterdam and Tel Aviv and a presence in Athens, Johannesburg and Sydney.\n\nEdison is authorised and regulated by the Financial Conduct Authority.\n\nEdison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities. \n\nFor more information, please contact Edison:\n\nMartyn King +44 (0)20 3077 5745 [email protected]\n\nLearn ...