Lighthouse Properties raises dividend amid return to profit
The European retail landlord’s revenue more than doubled in 2022
20 March 2023 - 13:20
European retail landlord Lighthouse Properties hiked its distribution to shareholders after swinging back into profit due to a surge in revenue.
The distribution per share of the company, valued at R11.05bn on the JSE, rose 0.9% year on year to 3.25 euro cents (R0.64) in its 2022 year to end-December. The payout ratio was pushed up 1.4 percentage points to 88.8%...
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.