Announcement • Apr 08aReit Prop Limited Declares Cash Dividend Number 7 for the Year Ended 31 December 2024, Payable on 5 May 2025The board of aReit Prop Limited declared its seventh dividend (Cash Dividend Number 7) of 40.0 cents per share, which amounts to 80% of distributable profit for the year ended 31 December 2024. The dividend is declared out of distributable reserves of the Group. Payment date is 5 May 2025. Record date is 2 May 2025. Last date to trade cum dividend is 25 April 2025. Shares commence trading ex dividend is 29 April 2025.
Announcement • Jun 28Areit Prop Limited Declares Final Cash Dividend Number 6 for the Year Ended December 31, 2023, Payable on August 19, 2024The board of directors of aReit Prop Limited declared its sixth dividend of 10.99 cents per share which, together with Dividend Number 5, amounts to approximately 100% of distributable profit for the year ended December 31, 2023. The dividend is declared out of distributable reserves of the Group. Shares commence trading "ex" dividend date is August 14, 2024. Record date is August 16, 2024. Payment date is August 19, 2024.
New Risk • May 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Revenue is less than US$5m (R66m revenue, or US$3.6m). Market cap is less than US$100m (R299.0m market cap, or US$16.5m).