Stor-Age to pay 52c dividend as others cut or halt payouts
The listed personal storage provider has also signed a development deal with UK fund manager Moorfield
Stor-Age Property Reit, the only listed personal storage provider in SA, has weathered the Covid-19 pandemic, saying in a business update that it expects its interim distributable earnings to have grown 3% in the six months to September.
It will pay an interim dividend of about 52c, compared with 54.89c in the six months to end-September 2019. This is as numerous other listed real-estate companies slash or halt dividends altogether...