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Supermarket Income REIT plc (SUPR.L)

Real Estate Balanced

A multi-billion pound landlord owning the huge grocery superstores where Britain does its weekly trolley shops.

£0.86
≈ 86p · London-listed shares are usually quoted in pence (GBX) elsewhere; the Almanac shows pounds (£1 = 100p).

Is Supermarket Income REIT plc a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: Backed by essential grocery giants with strong covenant strength. Worth weighing: Revenue shrank year-on-year by 10.9%. Below, we lay out what it does, what its numbers mean, and the honest risks, so you can decide for yourself.

No rating · no target price · nothing for sale here
Price+15.5%
52-week range+8% past year
£0.86
Low £0.76High £0.89
Where today's price sits versus its past year - context, not a signal.
If you had put £1,000 into Supermarket Income REIT plc
£1,155+16%

Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has Supermarket Income REIT plc actually fallen?

−16%

Over the last 2 years of daily prices, Supermarket Income REIT plc fell as much as −16% from a high to a later low. Drops of this size are a normal part of owning a share - worth knowing in advance, so a dip doesn't come as a shock.

Worst peak-to-trough fall in the daily closing price over the period we hold. Past falls are not a forecast - it can fall further, or recover.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
£1.07B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
3.77M
Day range: The lowest and highest price the shares traded at during the latest day.
£0.85 – £0.88
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
£0.76 – £0.89
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
17.2
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
7.2%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
0.59
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 0.59
Calm
Wild
Steadier than most

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▼ -2% past week · ▲ +8% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Inflation-linked rent reviews compound nicely over years.

The bear case

Structural shifts in grocery shopping permanently hurt store values.

What does Supermarket Income REIT plc do?

This property trust collects rent from massive supermarket buildings leased to giant household names like Tesco and Sainsbury's. It makes its money through long-term rental agreements that usually rise alongside inflation, passing those steady cash flows straight to shareholders via dividends. The critical detail to keep an eye on is how shifts in national interest rates affect property values and borrowing costs.

VQGMI
Factor profile

On our factor screen it looks strongest on quality and income, and weakest on growth.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 37Quality: How profitable and financially healthy the company is (higher = stronger). 62Growth: How fast revenue and earnings are growing (higher = faster). 24Momentum: How the share price has been trending recently (higher = stronger recent run). 47Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 54
Quick checks
What's strong
  • Backed by essential grocery giants with strong covenant strength
  • Generous dividend yield compared to many traditional investments
  • Rents often linked to inflation measures
What to watch
  • Growth screens low (24/100)
  • Higher borrowing costs eating into property profit margins
  • Financial trouble for major supermarket tenants
  • Prolonged high interest rates lowering property valuations

What do Supermarket Income REIT plc's numbers mean?

P/E
17.2
Shows how many pounds investors are paying for every pound of current company earnings.
Around the middle of the 44 Real Estate shares we cover
Dividend yield
7.2%
The yearly cash payout expressed as a percentage of the current share price.
Higher than most of the 48 Real Estate shares we cover
P/B
1.0
Indicates the share price is trading right around the actual net value of the property assets owned.
Around the middle of the 48 Real Estate shares we cover

Does Supermarket Income REIT plc pay a dividend?

Yes - Supermarket Income REIT plc currently pays a dividend of about 7.2% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.

What do the numbers say about Supermarket Income REIT plc's dividend?

There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.

Dividend yield7.2%The yearly dividend as a percentage of today's price. A very high figure often means the price has fallen because the market expects a cut, so a big yield is a question to look into, not a prize.
Payout ratio125%The share of profit paid out as dividends. A lower figure leaves headroom; near or above 100% means most or all of the profit is going out as dividends.
Dividend cover0.8×Profit divided by the dividend (the payout ratio the other way up). As a rough convention many income investors like around 2× or more; below 1× means the company paid out more than it earned that year.

Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.

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What are the scenarios for Supermarket Income REIT plc?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

£1£1£1today · £1▲ Bull · £1• Base · £1▼ Bear · £1in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+5% to +10%Interest rates drop, making property yields look attractive.
Base
-2% to +3%Rents continue ticking upward steadily with inflation.
Bear
-10% to -5%Bond yields rise further, putting pressure on property valuations.

What are the pros and cons of Supermarket Income REIT plc?

4bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case4
  • Backed by essential grocery giants with strong covenant strength
  • Generous dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone. compared to many traditional investments
  • Rents often linked to inflation measures
  • Calmer price swings than the wider stock market, shown by a low beta
The catch3
  • Revenue shrank year-on-year by 10.9%
  • Property values can be sensitive to wider commercial real estate moods
  • Modest return on equity: How much profit the company makes for each £1 shareholders have put in. Higher usually means a more efficient business. sitting at 5.5%
Key risks3
  • Higher borrowing costs eating into property profit margins
  • Financial trouble for major supermarket tenants
  • Prolonged high interest rates lowering property valuations
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: GBP · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-02. Prices may be delayed and numbers can go stale - always double-check before acting.