Liquidity keeps top SA estate stock afloat
Growthpoint announced this week that it was paying an interim dividend of 58.50c a share for the six months ended December 2020
14 March 2021 - 00:19
Big isn't always better when it comes to financial performance, but a combination of scale, a diversified portfolio and a strong balance sheet has helped Growthpoint Properties, SA's largest listed real estate stock, deliver a solid performance in the face of the pandemic.
Growthpoint, which has a R157bn property portfolio across multiple sectors in SA, Australia, the UK and Eastern Europe, announced this week that it was paying an interim dividend of 58.50c a share for the six months ended December 2020...
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.