Indluplace Properties Limited today announced a dividend for the quarter ended 31 December 2016 of 23,82 cents per share.
“We are pleased to announce the first quarterly dividend for the 2017 financial year, which is in line with our forecast. We have continuously delivered and are committed to paying growing dividends to our investors. We remain upbeat about the performance and the defensive nature of our portfolio of over 5500 rental apartments. Given our strong pipeline and low gearing level, we remain excited about Indluplace’s growth opportunities,” said Terry Kaplan, FD of Indluplace.