FilingReader Intelligence

Fairvest declares increased interim dividends amid robust performance

June 6, 2025 at 09:01 PM UTCBy FilingReader AI

Fairvest Limited (JSE: FTAE) has reported unaudited consolidated interim results for the six months ended March 31, 2025, highlighting a robust performance with increased dividends. The company declared an interim dividend of ZAR 69.66 cents per A share and ZAR 23.10 cents per B share, representing 100% of distributable income. Fairvest expects the distribution per B share to grow between 8.0% and 10.0% for the year. Like-for-like net property income increased by 5.1%. Vacancies at 5.5% and LTV reduced to 31.8%. Basic earnings per A share rose 8.5% to ZAR 73.46 cents. Headline earnings per A share rose 7% to ZAR 72.92 cents.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

JSE:FTAEJohannesburg Stock Exchange

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