South Africa
About Dipula
Dipula is an internally managed, South African focused Real Estate Investment Trust (REIT) that owns a diversified portfolio of retail, office, industrial, and residential rental assets across all provinces of South Africa, with a strong presence in Gauteng.
Stock Listing
Dipula is listed on the Johannesburg Stock Exchange (JSE) with two share classes:
- A-shares (DIA): Entitled to a preferred dividend growth of the lower of 5% or CPI.
- B-shares (DIB): Receive the remaining distributable income.
Both share classes rank equally in all other respects.
Share Restructuring
Effective June 2022, all A-shares will be repurchased by the company at a swap ratio of 2.4 B-shares for each A-share, transitioning to a single ordinary share capital structure.
Investment Strategy
Dipula focuses on maintaining a defensive and diversified portfolio with a retail bias, ensuring stability and growth for investors.
