JSE-listed real estate investment trust (Reit) Fairvest has ended the 12 months ended September 30 on a high note, declaring a distributable income of 126.22c per A share and 43.29c per B share, in keeping with its 100% dividend payout ratio. The B-shares in issue, which account for the majority of shares at almost 1.5-billion, exceeded distributable income guidance for the financial year by 4.4%.
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