Property shares: dividend payers to buy
Hint: they are few and far between, thanks to a gut-wrenching rise in office vacancies and a sharp drop in mall rents
23 September 2021 - 05:00
Results for the June reporting period underscore yet again how the pandemic has left listed property’s reputation as a lucrative dividend payer in tatters.
Only three out of the 16-odd companies that released results in recent weeks declared a higher dividend this year than last: SA-focused mall owners Fairvest and Resilient Reit, as well as Central and Eastern European (CEE)-focused MAS Real Estate...
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.