Growthpoint increases asset value by 3.8%, distributable income by 4.3%, dividend by 7.4%

JSE-listed real estate investment trust Growthpoint Properties reported a 4.3% year-on-year increase in distributable income per share (DIPS) to 152.6cand a 3.8% increase in net asset value to R21.31 for the financial yar ended June 30. It also reported an increase in total dividend per share of 133.5c, up by 7.4% from 124.3c in the prior financial year. The payout ratio was 87.5% for the full financial year, up from 85% in the 2025 financial year.

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