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Texton declares final dividend as distributable earnings decline

Texton Property Fund declared a final dividend of 18.45 cents per ordinary share for the year ended June 30, 2026. Its audited results show lower distributable earnings and net asset value per share, while property revenue rose.

Texton declares final dividend as distributable earnings decline - editorial image

Texton Property Fund published audited results for the year ended June 30, 2026, and declared a final cash dividend of 18.45 cents per ordinary share. The announcement was dated September 25, 2026.

Earnings and asset value decline

Distributable earnings fell to R65.532 million from R73.797 million. Net asset value per share declined to 486.36 cents from 574.61 cents.

Property revenue rises

Texton reported property revenue of R264.676 million, up from R259.921 million. The revenue increase sits alongside declines in distributable earnings and net asset value per share, giving readers a broader view of the results than the dividend declaration alone.

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