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Vukile expects to declare a higher dividend

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The payout represents a ratio of about 59% of total group funds from operations for the first half of 2023

25 November 2022 – 13:50 Denise Mhlanga

JSE-listed Vukile Property Fund expects its dividend per share to increase to at least 47.3c for the six months ended- September from 40.5c a year ago.

The 16.7% higher dividend represents a payout ratio of about 59% of total group funds from operations for the first half of 2023, the company said in a trading update on Friday…

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