Supermarket Income Reit is thrilled to announce another strong year of performance in 2020.
12 months to 30 June 2020:
£28.7m Annualised passing rent
£16.8m EPRA earnings
101p EPRA NAV per share
We are delighted to be able to pass on this success to our shareholders with a total shareholder return of 11.6% and an increased dividend target of 5.86p for 2021.
Chairman, Nick Hewson said:
"This has been another year of solid performance by the Group in which we have generated a Total Shareholder Return of 11.6%. Since our IPO in July 2017, we have delivered a total return to shareholders of 24.0%. In an environment where income has become increasingly scarce, our highly specific investment strategy continues to provide our investors with stable, long-term, inflation-protected income, confirming our belief that supermarket real estate assets remain one of the most compelling asset classes in the UK investment market."