Resilient Reit stays committed to dividends
Mall owner has given guidance of about 5% growth in dividends per share for its 2020 financial year to June
08 May 2020 - 18:35
Despite the weakness of the SA economy and global impact of Covid-19, mall owner Resilient says it is on track to pay a dividend for the year to June thanks to its diversified investments.
Resilient, which is led by CEO Des de Beer, owns a portfolio of 28 SA retail centres worth about R24bn. In November, it gave guidance of about 5% growth in dividends per share for its 2020 financial year to June...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.