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The group, which owns retail centres in rural areas and small towns, has not altered its dividend policy

Fairvest, which owns retail centres in rural areas and small towns, has opted to retain its dividend policy of paying out 100% of distributable earnings, saying its assets had proved resilient during the Covid-19 pandemic.

The company declared a total distribution for the year to June of 21.038c per share, down 3.4% on the prior year, its first fall in eight years.

 

Article Source: https://www.businesslive.co.za/bd/companies/retail-and-consumer/2020-09-23-fairvest-says-rural-shopping-centres-proved-resilient-during-covid-19/

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