The diversified real estate group grew its dividend 7.5% in the year to March, weathering a weak SA economyVukile Property Fund hopes to receive more than R2bn through the possible sale of its interests in UK and SA real estate funds over the next year, which it would use to expand further in Spain.
This helped Vukile’s dividend per share to grow 7.5% in the year to March. Rapp said it was Vukile’s 15th year of“I think this has been our toughest year domestically, so putting our dividend growth into this context is why I’d say the performance stands out for me,” Rapp said.
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