Castleview considers investments in other JSE property counters
The landlord is using some of its excess cash on hand for a further dividend in its six months to end-August
06 November 2019 - 09:23
Eastern Cape focused landlord Castleview is considering investments in other JSE listed property counters, after cash on hand rose 11.4% to R6.1m during its six months to end-August.
The company is also considering a further dividend of 18.26c per share as a result of the excess cash, though distributable earnings per share fell 6.1% to 16.71c during the period under review. ..
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