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.
