Resilient proceeds with dividend payment after Covid-19 hit

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Resilient proceeds with dividend payment after Covid-19 hit
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The mall owner reduced its dividend for its year to end-June by 30.6%, but said some of its malls achieved sales growth in spite of Covid-19

Mall of the North: Resilient-developed shopping centre in Polokwane, Limpopo. Picture: SUPPLIED

Excluding the Covid-19 related discounts, the SA portfolio recorded net property income growth of 5.5% on a comparable basis, the group saidResilient declared a final dividend of 100.48c per share, bringing its total dividend to 368.44c, 30.6% lower than the prior year.

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