Attacq bounces back from pandemic with dividend payout

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Real estate investment trust declares final dividend of 50c per share

Mall of Africa owner Attacq resumed paying out a dividend, it said on Tuesday in its annual results, after skipping it last year as the company bounced back from the Covid-19 pandemic.

The real estate investment trust was also helped by lower rental discounts to tenants, reduced finance charges because of the settlement of all foreign-denominated debt, a reduction of debt in rand and receipt of dividends from MAS...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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