Exemplar hikes dividend as it looks beyond Eskom

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Exemplar hikes dividend as it looks beyond Eskom
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The rural and township mall investor continues to expand its rooftop solar power

Rural and township mall investor Exemplar REITail upped its dividend by one-fifth as it looks to reduce its reliance on municipal utilities and power from troubled state-owned utility Eskom.

“The Exemplar portfolio continues to strengthen despite the current market challenges,” CEO Jason McCormick said in a statement...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 TimesLive Premium.

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