Dipula Properties（DIB）株式概要ディピュラは、南アフリカに特化した不動産投資信託（以下「REIT」）で、南アフリカ全州の小売、オフィス、工業、住宅賃貸資産のセクター別および地理的に分散されたポートフォリオを所有し、ほとんどの資産はハウテン州に所在している。 詳細DIB ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績3/6財務の健全性2/6配当金3/6報酬株価収益率（ 7.3 x） ZA市場（ 8.7 x）を下回っています。過去5年間の収益は年間13.9%増加しました。 リスク分析利払いは収益で十分にカバーされない 不安定な配当実績 財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見るDIB Community Fair Values Create NarrativeSee what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.NEW490,450 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG490,450 investors already sharing narrativesYour Fair ValueRCurrent PriceR7.00519.5% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture02b2016201920222025202620282031Revenue R991.4mEarnings R611.7mAdvancedSet Fair ValueView all narrativesDipula Properties Limited 競合他社Exemplar REITailSymbol: JSE:EXPMarket cap: R6.0bCastleview Property FundSymbol: JSE:CVWMarket cap: R9.7bFairvestSymbol: JSE:FTAMarket cap: R15.5bHyprop InvestmentsSymbol: JSE:HYPMarket cap: R24.6b価格と性能株価の高値、安値、推移の概要Dipula Properties過去の株価現在の株価R7.0052週高値R7.5052週安値R5.00ベータ0.251ヶ月の変化-4.11%3ヶ月変化-1.41%1年変化26.13%3年間の変化100.00%5年間の変化86.17%IPOからの変化33.33%最新ニュースDeclared Dividend • May 25Final dividend increased to R0.28Dividend of R0.28 is 7.4% higher than last year. Ex-date: 10th June 2026 Payment date: 15th June 2026 Dividend yield will be 7.5%, which is lower than the industry average of 8.1%.Buy Or Sell Opportunity • May 22Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 1.6% to R7.11. The fair value is estimated to be R5.88, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 6.4%.Recent Insider Transactions • May 17CEO & Executive Director recently bought R213k worth of stockOn the 14th of May, Izak Petersen bought around 30k shares on-market at roughly R7.10 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Izak has been a buyer over the last 12 months, purchasing a net total of R381k worth in shares.Price Target Changed • May 14Price target increased by 7.8% to R8.25Up from R7.65, the current price target is provided by 1 analyst. New target price is 17% above last closing price of R7.03. Stock is up 31% over the past year. The company posted earnings per share of R1.02 last year.Buy Or Sell Opportunity • May 06Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 5.6% to R7.15. The fair value is estimated to be R5.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 6.4%.Buy Or Sell Opportunity • Apr 07Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 6.2% to R6.99. The fair value is estimated to be R5.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 6.4%.最新情報をもっと見るRecent updatesDeclared Dividend • May 25Final dividend increased to R0.28Dividend of R0.28 is 7.4% higher than last year. Ex-date: 10th June 2026 Payment date: 15th June 2026 Dividend yield will be 7.5%, which is lower than the industry average of 8.1%.Buy Or Sell Opportunity • May 22Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 1.6% to R7.11. The fair value is estimated to be R5.88, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 6.4%.Recent Insider Transactions • May 17CEO & Executive Director recently bought R213k worth of stockOn the 14th of May, Izak Petersen bought around 30k shares on-market at roughly R7.10 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Izak has been a buyer over the last 12 months, purchasing a net total of R381k worth in shares.Price Target Changed • May 14Price target increased by 7.8% to R8.25Up from R7.65, the current price target is provided by 1 analyst. New target price is 17% above last closing price of R7.03. Stock is up 31% over the past year. The company posted earnings per share of R1.02 last year.Buy Or Sell Opportunity • May 06Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 5.6% to R7.15. The fair value is estimated to be R5.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 6.4%.Buy Or Sell Opportunity • Apr 07Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 6.2% to R6.99. The fair value is estimated to be R5.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 6.4%.お知らせ • Mar 31Public Investment Corporation Limited acquired an additional minority stake in Dipula Properties Limited (JSE:DIB).Public Investment Corporation Limited acquired an additional minority stake in Dipula Properties Limited (JSE:DIB) on March 31, 2026. Public Investment Corporation now holds a 8.536% stake in Dipula Properties. Public Investment Corporation Limited completed the acquisition of an additional minority stake in Dipula Properties Limited (JSE:DIB) on March 31, 2026.Buy Or Sell Opportunity • Mar 20Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to R7.10. The fair value is estimated to be R5.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 6.4%.お知らせ • Mar 03Sesfikile Capital Proprietary Limited acquired an additional unknown minority stake in Dipula Properties Limited (JSE:DIB).Sesfikile Capital Proprietary Limited acquired an additional unknown minority stake in Dipula Properties Limited (JSE:DIB) on March 3, 2026. After the completion, Sesfikile Capital Proprietary Limited now holds 6.9% stake in Dipula Properties Limited Sesfikile Capital Proprietary Limited completed the acquisition of an additional unknown minority stake in Dipula Properties Limited (JSE:DIB) on March 3, 2026.Board Change • Mar 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Financial Director & Director Sudesh Moodley was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Buy Or Sell Opportunity • Feb 20Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 2.9% to R7.00. The fair value is estimated to be R5.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 6.4%.お知らせ • Feb 18Dipula Properties Limited Announces Appointments in Social, Ethics and Sustainability CommitteeDipula Properties Limited at the annual general meeting of shareholders held on, 17 February 2026, passed Appointment of K Teeroovengadum as a member and chairperson. Z Adams and IS Petersen as a members of the Social, Ethics and Sustainability Committee.Buy Or Sell Opportunity • Jan 22Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 12% to R6.58. The fair value is estimated to be R5.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 6.4%.お知らせ • Jan 21+ 1 more updateDipula Properties Limited to Report Fiscal Year 2026 Results on Nov 11, 2026Dipula Properties Limited announced that they will report fiscal year 2026 results on Nov 11, 2026Recent Insider Transactions • Jan 19CEO & Executive Director recently bought R168k worth of stockOn the 16th of January, Izak Petersen bought around 27k shares on-market at roughly R6.25 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Izak's only on-market trade for the last 12 months.Buy Or Sell Opportunity • Dec 18Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to R6.47. The fair value is estimated to be R5.36, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 6.6%.お知らせ • Dec 05Dipula Properties Limited, Annual General Meeting, Feb 17, 2026Dipula Properties Limited, Annual General Meeting, Feb 17, 2026. Location: dipula`s offices, 12th floor, firestation rosebank, 16 baker street, rosebank South AfricaUpcoming Dividend • Nov 28Upcoming dividend of R0.26 per shareEligible shareholders must have bought the stock before 03 December 2025. Payment date: 08 December 2025. Trailing yield: 7.5%. Lower than top quartile of South African dividend payers (7.6%). Higher than average of industry peers (6.1%).Declared Dividend • Nov 14Final dividend increased to R0.26Dividend of R0.26 is 6.4% higher than last year. Ex-date: 3rd December 2025 Payment date: 8th December 2025 Dividend yield will be 7.7%, which is about the same as the industry average.Buy Or Sell Opportunity • Nov 13Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to R6.71. The fair value is estimated to be R5.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has declined by 6.6%.Buy Or Sell Opportunity • Oct 29Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 7.9% to R6.15. The fair value is estimated to be R5.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 9.4%.お知らせ • Sep 06+ 1 more updateDipula Properties Limited has completed a Follow-on Equity Offering in the amount of ZAR 559 million.Dipula Properties Limited has completed a Follow-on Equity Offering in the amount of ZAR 559 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 102,946,593 Price\Range: ZAR 5.43 Security Features: Income Trust Transaction Features: Regulation SDeclared Dividend • May 16First half dividend of R0.26 announcedShareholders will receive a dividend of R0.26. Ex-date: 4th June 2025 Payment date: 9th June 2025 Dividend yield will be 9.3%, which is higher than the industry average of 8.1%.お知らせ • Jan 23+ 1 more updateDipula Income Fund Limited to Report First Half, 2025 Results on May 14, 2025Dipula Income Fund Limited announced that they will report first half, 2025 results on May 14, 2025Reported Earnings • Dec 15Full year 2024 earnings released: FFO per share: R0.5 (vs R0.56 in FY 2023)Full year 2024 results: FFO per share: R0.5 (down from R0.56 in FY 2023). Revenue: R1.49b (up 6.6% from FY 2023). Funds from operations (FFO): R489.5m (down 3.5% from FY 2023). FFO margin: 33% (down from 36% in FY 2023). Revenue is expected to fall by 22% p.a. on average during the next 2 years compared to a 2.1% decline forecast for the Retail REITs industry in Africa. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.お知らせ • Dec 11Dipula Income Fund Limited, Annual General Meeting, Feb 18, 2025Dipula Income Fund Limited, Annual General Meeting, Feb 18, 2025. Location: dipula`s offices, 12th floor, firestation rosebank, 16 baker street, rosebank South AfricaUpcoming Dividend • Nov 29Upcoming dividend of R0.24 per shareEligible shareholders must have bought the stock before 04 December 2024. Payment date: 09 December 2024. Trailing yield: 9.3%. Within top quartile of South African dividend payers (8.0%). Higher than average of industry peers (7.3%).Reported Earnings • Nov 15Full year 2024 earnings released: EPS: R0.85 (vs R0.65 in FY 2023)Full year 2024 results: EPS: R0.85 (up from R0.65 in FY 2023). Revenue: R1.49b (up 6.6% from FY 2023). Net income: R774.3m (up 32% from FY 2023). Profit margin: 52% (up from 42% in FY 2023). Revenue is expected to fall by 22% p.a. on average during the next 2 years compared to a 1.8% decline forecast for the Retail REITs industry in Africa. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Aug 05Now 22% undervaluedOver the last 90 days, the stock has risen 9.4% to R4.17. The fair value is estimated to be R5.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 4.7%.Upcoming Dividend • May 31Upcoming dividend of R0.25 per shareEligible shareholders must have bought the stock before 05 June 2024. Payment date: 10 June 2024. Trailing yield: 13%. Within top quartile of South African dividend payers (8.9%). Higher than average of industry peers (9.6%).Declared Dividend • May 16First half dividend reduced to R0.25Dividend of R0.25 is 4.9% lower than last year. Ex-date: 5th June 2024 Payment date: 10th June 2024 Dividend yield will be 13%, which is higher than the industry average of 8.1%.Buy Or Sell Opportunity • May 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to R3.74. The fair value is estimated to be R4.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 31%.お知らせ • Apr 05+ 1 more updateDipula Income Fund Limited to Report Fiscal Year 2024 Results on Nov 13, 2024Dipula Income Fund Limited announced that they will report fiscal year 2024 results on Nov 13, 2024お知らせ • Dec 15Dipula Income Fund Limited, Annual General Meeting, Feb 21, 2024Dipula Income Fund Limited, Annual General Meeting, Feb 21, 2024, at 09:00 South Africa Standard Time. Location: 12th Floor, Firestation Rosebank, 16 Baker Street, Rosebank Rosebank South AfricaUpcoming Dividend • Nov 29Upcoming dividend of R0.25 per share at 13% yieldEligible shareholders must have bought the stock before 06 December 2023. Payment date: 11 December 2023. Trailing yield: 13%. Within top quartile of South African dividend payers (9.0%). Higher than average of industry peers (8.9%).New Risk • Nov 20New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 42% Last year net profit margin: 80% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Dividend is not well covered by earnings (106% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (42% net profit margin). Shareholders have been diluted in the past year (2.0% increase in shares outstanding).Reported Earnings • Nov 16Full year 2023 earnings releasedFull year 2023 results: Revenue: R1.40b (up 3.2% from FY 2022). Net income: R588.0m (down 46% from FY 2022). Profit margin: 42% (down from 80% in FY 2022). Revenue is expected to decline by 19% p.a. on average during the next 2 years, while revenues in the Global Retail REITs industry are expected to grow by 2.6%.お知らせ • Oct 18Dipula Income Fund Limited to Report Fiscal Year 2023 Results on Nov 15, 2023Dipula Income Fund Limited announced that they will report fiscal year 2023 results on Nov 15, 2023Buying Opportunity • Jul 24Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be R4.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 21%.Recent Insider Transactions • Jul 09CEO & Executive Director recently bought R664k worth of stockOn the 6th of July, Izak Petersen bought around 200k shares on-market at roughly R3.32 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Izak has been a buyer over the last 12 months, purchasing a net total of R2.2m worth in shares.Buying Opportunity • Jun 05Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be R4.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 21%.Upcoming Dividend • May 31Upcoming dividend of R0.26 per share at 14% yieldEligible shareholders must have bought the stock before 07 June 2023. Payment date: 12 June 2023. Trailing yield: 14%. Within top quartile of South African dividend payers (9.9%). Higher than average of industry peers (10%).Reported Earnings • May 21First half 2023 earnings releasedFirst half 2023 results: Revenue: R691.5m (up 2.1% from 1H 2022). Net income: R254.9m (down 22% from 1H 2022). Profit margin: 37% (down from 48% in 1H 2022). Revenue is expected to fall by 13% p.a. on average during the next 3 years compared to a 1.4% decline forecast for the Retail REITs industry in South Africa. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 18Dipula Income Fund Limited Declares Cash Dividend for the Six Months Ended 28 February 2023, Payable on June 12, 2023Dipula Income Fund Limited announced on Wednesday, 17 May 2023, the board of directors of Dipula have declared a cash dividend of 25.84695 cents per Dipula share for the six months ended 28 February 2023. Shares trade ex-dividend date is Wednesday, 7 June, 2023. Record date is Friday, June 9, 2023. Dividend payment date is June 12, 2023.お知らせ • May 17Dipula Income Fund Limited Provides Dividend Guidance for the Six Months Ended 28 February 2023Dipula Income Fund Limited advised that distributable earnings for the six months ended 28 February 2023 are expected to be ZAR 256.65 million, representing a 6.9% decrease in comparison to the distributable earnings of ZAR 275.73 million for the six months ended 28 February 2022. The Company expects to declare 90% of distributable earnings for HY 2023 as a dividend to shareholders.Buying Opportunity • May 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.0%. The fair value is estimated to be R4.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.5%.Buying Opportunity • Apr 21Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 4.2%. The fair value is estimated to be R4.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.5%.Buying Opportunity • Mar 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.4%. The fair value is estimated to be R5.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.5%.Recent Insider Transactions • Feb 25Financial Director & Director recently bought R82k worth of stockOn the 22nd of February, Ridwaan Asmal bought around 20k shares on-market at roughly R4.12 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth R1.4m. Ridwaan has been a buyer over the last 12 months, purchasing a net total of R684k worth in shares.分析記事 • Feb 16The Compensation For Dipula Income Fund Limited's (JSE:DIB) CEO Looks Deserved And Here's WhyWe have been pretty impressed with the performance at Dipula Income Fund Limited ( JSE:DIB ) recently and CEO Izak...Recent Insider Transactions • Jan 27CEO & Executive Director recently bought R1.4m worth of stockOn the 25th of January, Izak Petersen bought around 338k shares on-market at roughly R4.27 per share. This transaction amounted to 1.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Izak has been a buyer over the last 12 months, purchasing a net total of R1.7m worth in shares.お知らせ • Jan 21Dipula Income Fund Limited Announces Finance Director Changes, Effective on March 1, 2023Dipula Income Fund Limited announced that Ridwaan Asmal has resigned as financial director (FD) of company with effect from 1 March 2023. Sudesh Moodley has been appointed to replace Ridwaan as FD with effect from the same date. Ridwaan will continue in a consulting capacity until the handover and transition is complete. Sudesh is a qualified chartered accountant who previously held the position of Executive Head of Asset Management at Eris Property Group. He managed a R10 billion property portfolio after serving as chief financial officer of the company from 2012 to 2017. He has an extensive set of skills ranging from financial reporting, modelling and strategic asset management and was instrumental in the company's growth initiatives, enabling superior returns. Sudesh has two decades of work experience, of which 16 years have been in property, and has previously held positions at various auditing firms including PwC, EY and BDO, both within South Africa and the USA.Reported Earnings • Jan 05Full year 2022 earnings released: FFO per share: R0.6 (vs R0.87 in FY 2021)Full year 2022 results: FFO per share: R0.6. Revenue: R1.35b (up 2.9% from FY 2021). Funds from operations (FFO): R544.3m (up 18% from FY 2021). FFO margin: 40% (up from 35% in FY 2021). Net asset value (NAV) per share: R6.63 (down 36% from FY 2021). The current share price is 40% lower than NAV per share. Revenue is forecast to decline by 11% p.a. on average during the next 3 years, while revenues in the REITs industry in South Africa are expected to remain flat.Recent Insider Transactions • Dec 26Financial Director & Director recently bought R286k worth of stockOn the 20th of December, Ridwaan Asmal bought around 73k shares on-market at roughly R3.92 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ridwaan has been a buyer over the last 12 months, purchasing a net total of R394k worth in shares.お知らせ • Dec 16Dipula Income Fund Limited, Annual General Meeting, Feb 22, 2023Dipula Income Fund Limited, Annual General Meeting, Feb 22, 2023, at 09:00 South Africa Standard Time. Location: 12th Floor, Firestation Rosebank, 16 Baker Street, Rosebank Rosebank South AfricaUpcoming Dividend • Nov 30Upcoming dividend of R0.31 per shareEligible shareholders must have bought the stock before 07 December 2022. Payment date: 12 December 2022. The company last paid an ordinary dividend in February 2012. The average dividend yield among industry peers is 11%.Reported Earnings • Nov 18Full year 2022 earnings released: EPS: R1.21 (vs R0.81 in FY 2021)Full year 2022 results: EPS: R1.21 (up from R0.81 in FY 2021). Revenue: R1.35b (up 2.9% from FY 2021). Net income: R1.08b (up 152% from FY 2021). Profit margin: 80% (up from 33% in FY 2021). Revenue is forecast to decline by 18% p.a. on average during the next 2 years, while revenues in the REITs industry in South Africa are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Price Target Changed • Nov 16Price target decreased to R5.65Down from R7.90, the current price target is provided by 1 analyst. New target price is 36% above last closing price of R4.15. Stock is down 6.5% over the past year. The company posted earnings per share of R0.81 last year.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. Financial Director & Director Ridwaan Asmal was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Sep 07Dipula Income Fund Limited, Annual General Meeting, Oct 05, 2022Dipula Income Fund Limited, Annual General Meeting, Oct 05, 2022, at 10:00 South Africa Standard Time. Location: 12th Floor, Firestation Rosebank 16 Baker Street, Rosebank, 2196 Rosebank South AfricaRecent Insider Transactions • Jul 14Financial Director & Director recently bought R54k worth of stockOn the 7th of July, Ridwaan Asmal bought around 15k shares on-market at roughly R3.57 per share. In the last 3 months, there was an even bigger purchase from another insider worth R158k. Ridwaan has been a buyer over the last 12 months, purchasing a net total of R108k worth in shares.Board Change • Jun 17Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. Financial Director & Director Ridwaan Asmal was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.株主還元DIBZA Retail REITsZA 市場7D-2.1%-0.5%-0.6%1Y26.1%27.2%9.7%株主還元を見る業界別リターン: DIB過去 1 年間で27.2 % の収益を上げたZA Retail REITs業界を下回りました。リターン対市場: DIB過去 1 年間で9.7 % の収益を上げたZA市場を上回りました。価格変動Is DIB's price volatile compared to industry and market?DIB volatilityDIB Average Weekly Movement2.8%Retail REITs Industry Average Movement2.8%Market Average Movement4.5%10% most volatile stocks in ZA Market9.7%10% least volatile stocks in ZA Market2.6%安定した株価: DIB 、 ZA市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: DIBの 週次ボラティリティ ( 3% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト200579Izak Petersenwww.dipula.co.zaディピュラは南アフリカに特化した不動産投資信託（REIT）で、南アフリカ全州の小売、オ フィス、工業、住宅の賃貸資産を、ハウテン州を中心に、セクター別、地理的に分散したポートフォリ オとして保有している。Dipulaはヨハネスブルグ証券取引所（「JSE」）に上場しており、A株とB株を発行し、DIAとDIBのコードで取引されている。DipulaのMOIに従い、A株は5％または消費者物価上昇率（CPI）のいずれか低い方の優先配当成長率を受ける権利を有し、B株は分配された範囲内で残りの分配可能利益を受ける。A株とB株はその他すべての点で同等である。2022年6月以降、すべてのA株は、A株1株につきB株2.4株のスワップ比率で会社により買い戻され、普通株1株の資本構成となる。同社の戦略は、リテール偏重のディフェンシブで多様なポートフォリオを保有することである。もっと見るDipula Properties Limited 基礎のまとめDipula Properties の収益と売上を時価総額と比較するとどうか。DIB 基礎統計学時価総額R7.09b収益（TTM）R966.55m売上高(TTM)R1.57b7.3xPER（株価収益率4.5xP/SレシオDIB は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計DIB 損益計算書（TTM）収益R1.57b売上原価R601.43m売上総利益R965.10mその他の費用-R1.45m収益R966.55m直近の収益報告Feb 28, 2026次回決算日Nov 11, 2026一株当たり利益（EPS）0.95グロス・マージン61.61%純利益率61.70%有利子負債／自己資本比率53.5%DIB の長期的なパフォーマンスは？過去の実績と比較を見る配当金7.4%現在の配当利回り91%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/20 09:16終値2026/07/17 00:00収益2026/02/28年間収益2025/08/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Dipula Properties Limited 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Francois Du ToitAnchor Stockbrokers Proprietary LimitedTrinity NgobeniAnchor Stockbrokers Proprietary LimitedNazeem SamsodienMacquarie Research1 その他のアナリストを表示
Declared Dividend • May 25Final dividend increased to R0.28Dividend of R0.28 is 7.4% higher than last year. Ex-date: 10th June 2026 Payment date: 15th June 2026 Dividend yield will be 7.5%, which is lower than the industry average of 8.1%.
Buy Or Sell Opportunity • May 22Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 1.6% to R7.11. The fair value is estimated to be R5.88, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 6.4%.
Recent Insider Transactions • May 17CEO & Executive Director recently bought R213k worth of stockOn the 14th of May, Izak Petersen bought around 30k shares on-market at roughly R7.10 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Izak has been a buyer over the last 12 months, purchasing a net total of R381k worth in shares.
Price Target Changed • May 14Price target increased by 7.8% to R8.25Up from R7.65, the current price target is provided by 1 analyst. New target price is 17% above last closing price of R7.03. Stock is up 31% over the past year. The company posted earnings per share of R1.02 last year.
Buy Or Sell Opportunity • May 06Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 5.6% to R7.15. The fair value is estimated to be R5.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 6.4%.
Buy Or Sell Opportunity • Apr 07Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 6.2% to R6.99. The fair value is estimated to be R5.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 6.4%.
Declared Dividend • May 25Final dividend increased to R0.28Dividend of R0.28 is 7.4% higher than last year. Ex-date: 10th June 2026 Payment date: 15th June 2026 Dividend yield will be 7.5%, which is lower than the industry average of 8.1%.
Buy Or Sell Opportunity • May 22Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 1.6% to R7.11. The fair value is estimated to be R5.88, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 6.4%.
Recent Insider Transactions • May 17CEO & Executive Director recently bought R213k worth of stockOn the 14th of May, Izak Petersen bought around 30k shares on-market at roughly R7.10 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Izak has been a buyer over the last 12 months, purchasing a net total of R381k worth in shares.
Price Target Changed • May 14Price target increased by 7.8% to R8.25Up from R7.65, the current price target is provided by 1 analyst. New target price is 17% above last closing price of R7.03. Stock is up 31% over the past year. The company posted earnings per share of R1.02 last year.
Buy Or Sell Opportunity • May 06Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 5.6% to R7.15. The fair value is estimated to be R5.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 6.4%.
Buy Or Sell Opportunity • Apr 07Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 6.2% to R6.99. The fair value is estimated to be R5.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 6.4%.
お知らせ • Mar 31Public Investment Corporation Limited acquired an additional minority stake in Dipula Properties Limited (JSE:DIB).Public Investment Corporation Limited acquired an additional minority stake in Dipula Properties Limited (JSE:DIB) on March 31, 2026. Public Investment Corporation now holds a 8.536% stake in Dipula Properties. Public Investment Corporation Limited completed the acquisition of an additional minority stake in Dipula Properties Limited (JSE:DIB) on March 31, 2026.
Buy Or Sell Opportunity • Mar 20Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to R7.10. The fair value is estimated to be R5.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 6.4%.
お知らせ • Mar 03Sesfikile Capital Proprietary Limited acquired an additional unknown minority stake in Dipula Properties Limited (JSE:DIB).Sesfikile Capital Proprietary Limited acquired an additional unknown minority stake in Dipula Properties Limited (JSE:DIB) on March 3, 2026. After the completion, Sesfikile Capital Proprietary Limited now holds 6.9% stake in Dipula Properties Limited Sesfikile Capital Proprietary Limited completed the acquisition of an additional unknown minority stake in Dipula Properties Limited (JSE:DIB) on March 3, 2026.
Board Change • Mar 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Financial Director & Director Sudesh Moodley was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Buy Or Sell Opportunity • Feb 20Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 2.9% to R7.00. The fair value is estimated to be R5.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 6.4%.
お知らせ • Feb 18Dipula Properties Limited Announces Appointments in Social, Ethics and Sustainability CommitteeDipula Properties Limited at the annual general meeting of shareholders held on, 17 February 2026, passed Appointment of K Teeroovengadum as a member and chairperson. Z Adams and IS Petersen as a members of the Social, Ethics and Sustainability Committee.
Buy Or Sell Opportunity • Jan 22Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 12% to R6.58. The fair value is estimated to be R5.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 6.4%.
お知らせ • Jan 21+ 1 more updateDipula Properties Limited to Report Fiscal Year 2026 Results on Nov 11, 2026Dipula Properties Limited announced that they will report fiscal year 2026 results on Nov 11, 2026
Recent Insider Transactions • Jan 19CEO & Executive Director recently bought R168k worth of stockOn the 16th of January, Izak Petersen bought around 27k shares on-market at roughly R6.25 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Izak's only on-market trade for the last 12 months.
Buy Or Sell Opportunity • Dec 18Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to R6.47. The fair value is estimated to be R5.36, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 6.6%.
お知らせ • Dec 05Dipula Properties Limited, Annual General Meeting, Feb 17, 2026Dipula Properties Limited, Annual General Meeting, Feb 17, 2026. Location: dipula`s offices, 12th floor, firestation rosebank, 16 baker street, rosebank South Africa
Upcoming Dividend • Nov 28Upcoming dividend of R0.26 per shareEligible shareholders must have bought the stock before 03 December 2025. Payment date: 08 December 2025. Trailing yield: 7.5%. Lower than top quartile of South African dividend payers (7.6%). Higher than average of industry peers (6.1%).
Declared Dividend • Nov 14Final dividend increased to R0.26Dividend of R0.26 is 6.4% higher than last year. Ex-date: 3rd December 2025 Payment date: 8th December 2025 Dividend yield will be 7.7%, which is about the same as the industry average.
Buy Or Sell Opportunity • Nov 13Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to R6.71. The fair value is estimated to be R5.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has declined by 6.6%.
Buy Or Sell Opportunity • Oct 29Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 7.9% to R6.15. The fair value is estimated to be R5.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 9.4%.
お知らせ • Sep 06+ 1 more updateDipula Properties Limited has completed a Follow-on Equity Offering in the amount of ZAR 559 million.Dipula Properties Limited has completed a Follow-on Equity Offering in the amount of ZAR 559 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 102,946,593 Price\Range: ZAR 5.43 Security Features: Income Trust Transaction Features: Regulation S
Declared Dividend • May 16First half dividend of R0.26 announcedShareholders will receive a dividend of R0.26. Ex-date: 4th June 2025 Payment date: 9th June 2025 Dividend yield will be 9.3%, which is higher than the industry average of 8.1%.
お知らせ • Jan 23+ 1 more updateDipula Income Fund Limited to Report First Half, 2025 Results on May 14, 2025Dipula Income Fund Limited announced that they will report first half, 2025 results on May 14, 2025
Reported Earnings • Dec 15Full year 2024 earnings released: FFO per share: R0.5 (vs R0.56 in FY 2023)Full year 2024 results: FFO per share: R0.5 (down from R0.56 in FY 2023). Revenue: R1.49b (up 6.6% from FY 2023). Funds from operations (FFO): R489.5m (down 3.5% from FY 2023). FFO margin: 33% (down from 36% in FY 2023). Revenue is expected to fall by 22% p.a. on average during the next 2 years compared to a 2.1% decline forecast for the Retail REITs industry in Africa. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
お知らせ • Dec 11Dipula Income Fund Limited, Annual General Meeting, Feb 18, 2025Dipula Income Fund Limited, Annual General Meeting, Feb 18, 2025. Location: dipula`s offices, 12th floor, firestation rosebank, 16 baker street, rosebank South Africa
Upcoming Dividend • Nov 29Upcoming dividend of R0.24 per shareEligible shareholders must have bought the stock before 04 December 2024. Payment date: 09 December 2024. Trailing yield: 9.3%. Within top quartile of South African dividend payers (8.0%). Higher than average of industry peers (7.3%).
Reported Earnings • Nov 15Full year 2024 earnings released: EPS: R0.85 (vs R0.65 in FY 2023)Full year 2024 results: EPS: R0.85 (up from R0.65 in FY 2023). Revenue: R1.49b (up 6.6% from FY 2023). Net income: R774.3m (up 32% from FY 2023). Profit margin: 52% (up from 42% in FY 2023). Revenue is expected to fall by 22% p.a. on average during the next 2 years compared to a 1.8% decline forecast for the Retail REITs industry in Africa. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Aug 05Now 22% undervaluedOver the last 90 days, the stock has risen 9.4% to R4.17. The fair value is estimated to be R5.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 4.7%.
Upcoming Dividend • May 31Upcoming dividend of R0.25 per shareEligible shareholders must have bought the stock before 05 June 2024. Payment date: 10 June 2024. Trailing yield: 13%. Within top quartile of South African dividend payers (8.9%). Higher than average of industry peers (9.6%).
Declared Dividend • May 16First half dividend reduced to R0.25Dividend of R0.25 is 4.9% lower than last year. Ex-date: 5th June 2024 Payment date: 10th June 2024 Dividend yield will be 13%, which is higher than the industry average of 8.1%.
Buy Or Sell Opportunity • May 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to R3.74. The fair value is estimated to be R4.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 31%.
お知らせ • Apr 05+ 1 more updateDipula Income Fund Limited to Report Fiscal Year 2024 Results on Nov 13, 2024Dipula Income Fund Limited announced that they will report fiscal year 2024 results on Nov 13, 2024
お知らせ • Dec 15Dipula Income Fund Limited, Annual General Meeting, Feb 21, 2024Dipula Income Fund Limited, Annual General Meeting, Feb 21, 2024, at 09:00 South Africa Standard Time. Location: 12th Floor, Firestation Rosebank, 16 Baker Street, Rosebank Rosebank South Africa
Upcoming Dividend • Nov 29Upcoming dividend of R0.25 per share at 13% yieldEligible shareholders must have bought the stock before 06 December 2023. Payment date: 11 December 2023. Trailing yield: 13%. Within top quartile of South African dividend payers (9.0%). Higher than average of industry peers (8.9%).
New Risk • Nov 20New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 42% Last year net profit margin: 80% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Dividend is not well covered by earnings (106% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (42% net profit margin). Shareholders have been diluted in the past year (2.0% increase in shares outstanding).
Reported Earnings • Nov 16Full year 2023 earnings releasedFull year 2023 results: Revenue: R1.40b (up 3.2% from FY 2022). Net income: R588.0m (down 46% from FY 2022). Profit margin: 42% (down from 80% in FY 2022). Revenue is expected to decline by 19% p.a. on average during the next 2 years, while revenues in the Global Retail REITs industry are expected to grow by 2.6%.
お知らせ • Oct 18Dipula Income Fund Limited to Report Fiscal Year 2023 Results on Nov 15, 2023Dipula Income Fund Limited announced that they will report fiscal year 2023 results on Nov 15, 2023
Buying Opportunity • Jul 24Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be R4.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 21%.
Recent Insider Transactions • Jul 09CEO & Executive Director recently bought R664k worth of stockOn the 6th of July, Izak Petersen bought around 200k shares on-market at roughly R3.32 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Izak has been a buyer over the last 12 months, purchasing a net total of R2.2m worth in shares.
Buying Opportunity • Jun 05Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be R4.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 21%.
Upcoming Dividend • May 31Upcoming dividend of R0.26 per share at 14% yieldEligible shareholders must have bought the stock before 07 June 2023. Payment date: 12 June 2023. Trailing yield: 14%. Within top quartile of South African dividend payers (9.9%). Higher than average of industry peers (10%).
Reported Earnings • May 21First half 2023 earnings releasedFirst half 2023 results: Revenue: R691.5m (up 2.1% from 1H 2022). Net income: R254.9m (down 22% from 1H 2022). Profit margin: 37% (down from 48% in 1H 2022). Revenue is expected to fall by 13% p.a. on average during the next 3 years compared to a 1.4% decline forecast for the Retail REITs industry in South Africa. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 18Dipula Income Fund Limited Declares Cash Dividend for the Six Months Ended 28 February 2023, Payable on June 12, 2023Dipula Income Fund Limited announced on Wednesday, 17 May 2023, the board of directors of Dipula have declared a cash dividend of 25.84695 cents per Dipula share for the six months ended 28 February 2023. Shares trade ex-dividend date is Wednesday, 7 June, 2023. Record date is Friday, June 9, 2023. Dividend payment date is June 12, 2023.
お知らせ • May 17Dipula Income Fund Limited Provides Dividend Guidance for the Six Months Ended 28 February 2023Dipula Income Fund Limited advised that distributable earnings for the six months ended 28 February 2023 are expected to be ZAR 256.65 million, representing a 6.9% decrease in comparison to the distributable earnings of ZAR 275.73 million for the six months ended 28 February 2022. The Company expects to declare 90% of distributable earnings for HY 2023 as a dividend to shareholders.
Buying Opportunity • May 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.0%. The fair value is estimated to be R4.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.5%.
Buying Opportunity • Apr 21Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 4.2%. The fair value is estimated to be R4.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.5%.
Buying Opportunity • Mar 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.4%. The fair value is estimated to be R5.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.5%.
Recent Insider Transactions • Feb 25Financial Director & Director recently bought R82k worth of stockOn the 22nd of February, Ridwaan Asmal bought around 20k shares on-market at roughly R4.12 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth R1.4m. Ridwaan has been a buyer over the last 12 months, purchasing a net total of R684k worth in shares.
分析記事 • Feb 16The Compensation For Dipula Income Fund Limited's (JSE:DIB) CEO Looks Deserved And Here's WhyWe have been pretty impressed with the performance at Dipula Income Fund Limited ( JSE:DIB ) recently and CEO Izak...
Recent Insider Transactions • Jan 27CEO & Executive Director recently bought R1.4m worth of stockOn the 25th of January, Izak Petersen bought around 338k shares on-market at roughly R4.27 per share. This transaction amounted to 1.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Izak has been a buyer over the last 12 months, purchasing a net total of R1.7m worth in shares.
お知らせ • Jan 21Dipula Income Fund Limited Announces Finance Director Changes, Effective on March 1, 2023Dipula Income Fund Limited announced that Ridwaan Asmal has resigned as financial director (FD) of company with effect from 1 March 2023. Sudesh Moodley has been appointed to replace Ridwaan as FD with effect from the same date. Ridwaan will continue in a consulting capacity until the handover and transition is complete. Sudesh is a qualified chartered accountant who previously held the position of Executive Head of Asset Management at Eris Property Group. He managed a R10 billion property portfolio after serving as chief financial officer of the company from 2012 to 2017. He has an extensive set of skills ranging from financial reporting, modelling and strategic asset management and was instrumental in the company's growth initiatives, enabling superior returns. Sudesh has two decades of work experience, of which 16 years have been in property, and has previously held positions at various auditing firms including PwC, EY and BDO, both within South Africa and the USA.
Reported Earnings • Jan 05Full year 2022 earnings released: FFO per share: R0.6 (vs R0.87 in FY 2021)Full year 2022 results: FFO per share: R0.6. Revenue: R1.35b (up 2.9% from FY 2021). Funds from operations (FFO): R544.3m (up 18% from FY 2021). FFO margin: 40% (up from 35% in FY 2021). Net asset value (NAV) per share: R6.63 (down 36% from FY 2021). The current share price is 40% lower than NAV per share. Revenue is forecast to decline by 11% p.a. on average during the next 3 years, while revenues in the REITs industry in South Africa are expected to remain flat.
Recent Insider Transactions • Dec 26Financial Director & Director recently bought R286k worth of stockOn the 20th of December, Ridwaan Asmal bought around 73k shares on-market at roughly R3.92 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ridwaan has been a buyer over the last 12 months, purchasing a net total of R394k worth in shares.
お知らせ • Dec 16Dipula Income Fund Limited, Annual General Meeting, Feb 22, 2023Dipula Income Fund Limited, Annual General Meeting, Feb 22, 2023, at 09:00 South Africa Standard Time. Location: 12th Floor, Firestation Rosebank, 16 Baker Street, Rosebank Rosebank South Africa
Upcoming Dividend • Nov 30Upcoming dividend of R0.31 per shareEligible shareholders must have bought the stock before 07 December 2022. Payment date: 12 December 2022. The company last paid an ordinary dividend in February 2012. The average dividend yield among industry peers is 11%.
Reported Earnings • Nov 18Full year 2022 earnings released: EPS: R1.21 (vs R0.81 in FY 2021)Full year 2022 results: EPS: R1.21 (up from R0.81 in FY 2021). Revenue: R1.35b (up 2.9% from FY 2021). Net income: R1.08b (up 152% from FY 2021). Profit margin: 80% (up from 33% in FY 2021). Revenue is forecast to decline by 18% p.a. on average during the next 2 years, while revenues in the REITs industry in South Africa are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Price Target Changed • Nov 16Price target decreased to R5.65Down from R7.90, the current price target is provided by 1 analyst. New target price is 36% above last closing price of R4.15. Stock is down 6.5% over the past year. The company posted earnings per share of R0.81 last year.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. Financial Director & Director Ridwaan Asmal was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Sep 07Dipula Income Fund Limited, Annual General Meeting, Oct 05, 2022Dipula Income Fund Limited, Annual General Meeting, Oct 05, 2022, at 10:00 South Africa Standard Time. Location: 12th Floor, Firestation Rosebank 16 Baker Street, Rosebank, 2196 Rosebank South Africa
Recent Insider Transactions • Jul 14Financial Director & Director recently bought R54k worth of stockOn the 7th of July, Ridwaan Asmal bought around 15k shares on-market at roughly R3.57 per share. In the last 3 months, there was an even bigger purchase from another insider worth R158k. Ridwaan has been a buyer over the last 12 months, purchasing a net total of R108k worth in shares.
Board Change • Jun 17Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. Financial Director & Director Ridwaan Asmal was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
