First Mutual Properties Limited dividend declaration

July 13, 2021|

At a meeting held on 2 June 2021, your Board resolved that an interim dividend payout in the sum of ZWL 5,561,887 being 0.4497 cents per share be declared from the profits for the quarter ended 31 March 2021. The dividend will be payable on or about 6 August 2021 to all shareholders of the Group registered at close of business on 30 July 2021. The shares of the Group will be traded cum-dividend on the Zimbabwe Stock Exchange up to 27 July 2021 and ex-dividend as from 28 July 2021.

S F Lorimer
Group Company Secretary

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First Mutual Properties, formerly known as Pearl Properties Limited, is a subsidiary of First Mutual Holdings. It is a real estate company with vested interests in the development and management of commercial properties in the major towns of Zimbabwe. First Mutual Properties has a significant property portfolio, comprising some 117 250 square metres of lettable space made up of office parks, retail shops, commercial and industrial property. It owns and manages 41 buildings in the major economic hubs of Zimbabwe, including high-rise commercial buildings, industrial and warehouse properties and retail outlets. First Mutual Properties also has a residential trading stock of two- and three-bedroomed garden flats in Avondale, Harare. First Mutual Properties is listed on the Zimbabwe Stock Exchange

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