The company declared a final dividend of $2.50 per share, bringing the total to $4.50 for the year
Pan-African property group Grit Real Estate Income Group has tripled its total dividend in its 2022 financial year as it weathered the challenges from the Covid-19 pandemic and the lifting of international travel restrictions buoyed improvement in its hospitality and retail asset classes.
The company declared a final dividend of $0.02 per share , bringing the total to $0.045 for the year end-June. This represents a pay-out ratio of 89.8%...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.