Vukile Property Fund changes dividend policy due to Covid-19
The group is waiting for consultations with the JSE before deciding on a final dividend, and does not expect to declare an interim dividend in 2021
30 June 2020 - 07:52
Vukile Property Fund, which owns malls in SA and Spain, said on Tuesday it is unlikely to make an interim dividend payment in its 2021 year, and has changed its dividend policy to preserve cash amid the Covid-19 pandemic.
The group is waiting for consultations with the JSE before deciding on a final dividend for the year to end-March, when distributable earnings per share rose 3.2% to 187.25c...
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