
Supermarket Income REIT plc (SUPR.L)
A multi-billion pound landlord owning the huge grocery superstores where Britain does its weekly trolley shops.
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.
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?
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.
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.
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.
Inflation-linked rent reviews compound nicely over years.
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.
On our factor screen it looks strongest on quality and income, and weakest on growth.
- ✓Pays a dividend - about 7.2% a year
- !Revenue slipped about 11% over the year
- ✓Very profitable - turns about 57% of sales into profit
- Backed by essential grocery giants with strong covenant strength
- Generous dividend yield compared to many traditional investments
- Rents often linked to inflation measures
- 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?
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.
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.
What are the pros and cons of Supermarket Income REIT plc?
How many points the write-up makes each way — a balance check, not a score or verdict.
- 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
- 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%
- Higher borrowing costs eating into property profit margins
- Financial trouble for major supermarket tenants
- Prolonged high interest rates lowering property valuations
The write-up's own warning lights — if these start happening, the case above changes.
- A major tenant restructuring or failing to pay rent
- A permanent shift in interest rate baselines that alters property math
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.