Redefine Properties shares jump as it signals return to dividend payout
Second-largest SA landlord set to resume payouts after a one-year hiatus due to pandemic uncertainty
03 November 2021 - 18:37
Redefine Properties shares jumped 9% on Wednesday, the most since mid-January, after the second-largest SA landlord by assets said the “strong” liquidity supported the resumption of a dividend after a one-year hiatus.
However, Redefine said the decision in this regard would be decided by its board, which convenes on Friday before the release of its year-end results on Monday...
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