Fairvest says rural shopping centres proved resilient during Covid-19
The group, which owns retail centres in rural areas and small towns, has not altered its dividend policy
23 September 2020 - 08:27
UPDATED 24 September 2020 - 19:37
Fairvest, which owns retail centres in rural areas and small towns, has opted to retain its dividend policy of paying out 100% of distributable earnings, saying its assets had proved resilient during the Covid-19 pandemic.
The company declared a total distribution for the year to June of 21.038c per share, down 3.4% on the prior year, its first fall in eight years...
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.