Balwin’s moment in the sun
The developer, long ignored by institutions, is emerging as a consistent dividend and capital growth play
15 October 2020 - 05:00
Though Balwin Properties has taken a big Covid-induced smack to earnings for the six months to August, the residential developer is paying a dividend — and a fairly decent one too.
That’s more than many of the JSE’s other property stocks have been able to do, most of which are structured as real estate investment trusts (Reits), which means they’re obliged to pay out at best 75% of earnings...
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.