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Vukile Property declares 6-month dividend for period ended Sept. 30

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Vukile Property declares 6-month dividend for period ended Sept. 30

Vukile Property Fund Ltd. declared a dividend of 72.65350 South African cents per share for the six-month period ended Sept. 30, in line with its guidance.

The dividend is 7.4% higher than the declared distribution in the same comparable period in 2016, but lower than the 89.1025 cents per share payout for the previous six-month period ended March 31.

The amount will be distributed on or about Dec. 18 to shareholders on record as of Dec. 15.

As of Nov. 27, US$1 was equivalent to 13.76 South African rand.