Dividend growth should recover in 2021, Fairvest says
CEO Darren Wilder said Fairvest’s shopping malls tend to serve lower-income shoppers and have held up well because they buy mostly essential goods
04 March 2021 - 14:02
Fairvest Property Holdings, the owner of malls in townships and small towns, says its dividend will increase up to 2% in its full financial year to June 2021 as its bias towards lower income shoppers is paying off.
Fairvest declared an interim dividend of 10.590c and is on track to deliver a total dividend of 21.038c or better in the full year to June 2021...
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