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Texton Property Fund Ltd. JSE: TEX
R2.80 – 0 (0%) Prices delayed 15 min · Last updated: 2026-08-14 17:05:00
Open
0
Prev close
2.80
Day range
0 - 0
Volume
52-wk range
2.66 – 3
Market cap
924.17m
P/E Ratio
-100.72
EPS (ZARc)
- 2.78
Dividend Yield
22.76%
DPS (ZARc)
64 (cps)
Price performance
Intraday — 7D — 1M — 3M — 6M — 1Y — 3Y — 5Y — YTD —
Loading chart…
Analyst consensus
Consensus Chart
Key statistics
Market cap924.17m
EPS- 2.78
P/E ratio-100.72
Div. yield22.76%
DPS 64 (cps)
Issued shares330.06m
52-week range
R 2.66 R 3
R2.80
Price overview
Open0
Previous close2.80
Day range0 - 0
Volume
52-week range2.66 – 3
Change 0 (0%)
P/E ratio-100.72
EPS- 2.78
Dividend 64 (cps)
Dividend yield22.76%
Important dates
  • Jun 2025 Final
    Released 26 Sep 2025
  • Dec 2025
    Half Year
  • Dec 2025 Interim
    Released 13 Mar 2026
  • Jun 2026
    Prev Year End
  • 17 Aug 2026
    Today
  • Jun 2026 Final
    Unconfirmed for 25 Sep
  • 2 Dec 2026
    AGM Unconfirmed
  • Dec 2026
    Half Year
  • Dec 2026 Interim
    Unconfirmed for 12 Mar
  • Jun 2027
    Next Year End
Financial results
ZAR million Dec 25 Dec 24
Turnover 129.80 134.50
Attributable Income 23.40 54.70
Market Cap (ZARm) 1 237.70 1 320.20
EPS (ZARc) 7.09 8.16
HEPS (Cont Ops)(ZARc) 7.09 10.28
DPS (ZARc) 0 100
Latest SENS announcements
  • Texton interim results December 2025
    2026-03-13 10:37:03
    Property revenue lowered to R129.8 million (R134.5 million) whilst net property income decreased to R69.8 million (R78.0 million). Operating profit fell to R60.4 million (R73.2 million). Profit and total comprehensive income attributable to equity holders tumbled to R23.4 million (R54.7 million). Furthermore, headline earnings per share dipped to 7.09cps (10.28cps). Dividend The Board of directors of Texton has elected not to pay an interim dividend for the six months ended 31 December 2025. Company outlook Texton remains well positioned, supported by a robust and well-capitalised balance sheet that enables the disciplined and responsible execution of our strategy. Our capital allocation framework continues to underpin decision-making across geographies and asset classes, balancing targeted reinvestment within our South African portfolio with selective, partner-led expansion into developed offshore markets. In South Africa, the near-term focus is on enhancing and repositioning core assets to align with our SME-centric strategy, unlocking value and supporting sustainable rental growth. We are also progressing investments into complementary such as self-storage, which provide countercyclical income characteristics while improving overall asset utilisation. Internationally, our partnership-driven investment model offers exposure to high-quality, institutional-grade assets in developed markets, including the United States, delivering diversification, liquidity, and long-term hard-currency income streams. The South African macroeconomic environment has shown encouraging signs, supporting a more constructive medium-term outlook. The formation of the Government of National Unity (GNU) has been positively received by markets, reinforcing political stability and investor confidence. In parallel, progress on long-standing structural reforms — particularly within the energy, logistics, and infrastructure sectors — has begun to alleviate key constraints, laying the groundwork for improved productivity and sustainable economic growth. The significant reduction in power outages has provided meaningful relief to businesses and consumers. Improved electricity reliability has enhanced operational efficiency, reduced costs, and contributed to a more predictable operating environment, supporting broader economic confidence. Notwithstanding these improvements, ongoing municipal service delivery failures — particularly in key Johannesburg nodes where infrastructure deterioration, water interruptions, and service backlogs remain evident — continue to present operational challenges for property owners and tenants alike. Management remains focused on mitigating these risks through proactive asset management initiatives and close engagement with relevant stakeholders. Inflation has moderated meaningfully, with headline consumer inflation easing to approximately 3% from its July 2022 peak of 7,8%. While downside risks remain — including exchange rate volatility, global commodity price movements, and ongoing geopolitical uncertainty — the South African Reserve Bank (“SARB”) continues to project inflation will remain within its target range over the medium term. However, the SARB has adopted a more cautious policy stance, maintaining a holding pattern in response to global interest rate uncertainty and persistent domestic cost pressures. Although borrowing costs have begun to stabilise, the pace of further monetary easing is expected to be gradual and data dependent. This environment of contained inflation and more stable interest rates should nonetheless provide a supportive foundation for household consumption, business investment, and improved property sector fundamentals over time. We continue to hold high conviction in our core sectors, underpinned by sound property fundamentals and a disciplined approach to capital management. As markets stabilise and monetary policy eases, we anticipate stronger cash flow growth, enhanced valuations, and increased opportunities for reinvestment.
  • Texton - B-BBEE annual compliance report
    2026-03-03 14:58:47
    Notice was given that Texton's Broad-Based Black Economic Empowerment Act compliance report for 2025, is available at: texton.co.za/bbbee/.
  • Texton - results of annual general meeting
    2025-12-03 15:52:32
    Shareholders were advised that, at the Annual General Meeting of Texton held on Tuesday, 2 December 2025 at 15:00, the resolutions as set out in the notice of Annual General Meeting were passed by the requisite majority of shareholders.
  • Texton - integrated annual report and AGM notice
    2025-10-31 15:30:13
    The Company's 2025 integrated annual report and the notice of the Annual General Meeting ('AGM'), which contains the Company's summarised audited consolidated financial statements for the year ended 30 June 2025, have been posted to shareholders today, 31 October 2025. These documents are also available on the Company's website, at texton.co.za/reports-publications/ Notice of AGM The AGM has been convened for 15:00 on Tuesday, 2 December 2025, by electronic participation via Microsoft Teams, to transact the business as set out in the notice.
  • Texton - return of CTC finalisation
    2025-10-20 12:14:48
    Shareholders were referred to the SENS announcement released on 26 September 2025, in terms of which shareholders were advised that Texton had declared a Return of Contributed Tax Capital of 63.74 cents per ordinary share ('Return of CTC') , subject to the required South African Reserve Bank approval being obtained for the declaration of the Return of CTC ('Condition') ('Declaration Announcement'). Shareholders were advised that the requisite approval of the South African Reserve Bank has been obtained and the Condition fulfilled.
Peer comparison
Company Price (ZAR) Change Market cap
TEX (TEX) R 2.80 -6.67%
DELPROP (DLT) R 0.38 +5.56%

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Texton Property Fund Ltd. Today's Verdict

Today's verdict: Texton Property Fund Ltd. shares are trading with a subdued tone today, and the price forecast remains anchored to the latest price today in rands at R2.8. The charts and graph data point to a flat near-term setup, so the buy or sell debate hinges on income stability rather than rapid growth. Investors weighing the for sale price should compare the purchase cost against the dividend profile and any preference shares payout, while checking the share code TEX, the latest data, and whether the online trading path through a trading account supports their trading plan. For those asking how to buy, the JSE route remains straightforward, but the final call on buy or sell should stay disciplined and tied to confirmed price levels rather than prediction alone.

Texton Property Fund Ltd. Live Share Data

LabelValue
Share Name & TickerTexton Property Fund Ltd. (TEX)
ExchangeJSE (Johannesburg Stock Exchange)
Sector & IndustryReal Estate / Property Investment
Current PriceR2.8
Market Capitalization924.17m
P/E Ratio-100.72
Dividend Yield22.76%
Trading Volume (Live Data)Not provided
Recent Price Change0
Data as of2026-08-14 17:05:00

Texton Property Fund Ltd. Key Highlights

LabelValue
Current PriceR2.8, unchanged from the previous close
Market Cap924.17m, indicating a small-cap market presence
P/E Ratio-100.72, suggesting earnings are not supportive of a standard valuation read
Dividend Yield22.76, attractive for income-focused investors
VolatilityLow to moderate, based on the flat price change reported today

Texton Property Fund Ltd. Limited Forecast Insights

Bullish or bearish reading: neutral. With the price unchanged at R2.8 and no live volume shown, the near-term setup looks range-bound rather than directional. For property SHARES on the JSE, rates, occupancy trends, funding costs, and dividend sustainability typically matter more than headline momentum, so traders should watch confirmation before responding to any break.

FAQ on Texton Property Fund Ltd. Shares

Q1: What are Texton Property Fund Ltd. shares?
Answer: Texton Property Fund Ltd. shares are listed equity units in a South African property investment company on the JSE under TEX. At R2.8 per share and a market cap of 924.17m, they represent a small-cap real estate exposure with an income orientation.

Q2: How can I buy Texton Property Fund Ltd. shares?
Answer: To buy these SHARES, use a JSE-regulated trading account, search for TEX, and place a purchase order at or near the current price per share of R2.8. The live data shows a flat session, so execution discipline matters more than chasing momentum.

Q3: What affects the price of Texton Property Fund Ltd. shares?
Answer: The share price is influenced by its property-sector fundamentals, the current R2.8 level, the negative P/E of -100.72, and investor sentiment around the 22.76 dividend yield. With no price change recorded, the market is signaling calm rather than strong conviction today.

Q4: Does Texton Property Fund Ltd. pay dividends?
Answer: Yes, the live data shows a dividend yield of 22.76, which points to a meaningful income profile for shareholders. That said, the flat price of R2.8 and the negative P/E suggest investors should focus on sustainability and not just headline yield.

Q5: How can I track my Texton Property Fund Ltd. shares and dividends?
Answer: Track your SHARES through your JSE trading account by monitoring TEX, the R2.8 price per share, and any dividend notices from your broker. The market cap of 924.17m and the 22.76 yield help frame income trends, while the zero price change confirms today’s stability.

Q6: What factors are affecting the Texton Property Fund Ltd. share price?
Answer: Today’s price action is shaped by the unchanged R2.8 quote, the negative P/E ratio of -100.72, and the company’s small-cap size at 924.17m. In property SHARES, financing conditions and dividend expectations can also matter, even when short-term volume is not available.

Q7: Is Texton Property Fund Ltd. a good share to buy?
Answer: It may suit income-focused investors more than growth seekers, given the 22.76 dividend yield and low-change profile at R2.8. The market cap of 924.17m suggests smaller scale, while the negative P/E of -100.72 calls for caution before any purchase.

Q8: Is it advisable to buy Texton Property Fund Ltd. shares today?
Answer: Buying today depends on your income target and risk tolerance. The share is unchanged at R2.8, which reduces urgency, and the strong dividend yield can appeal to patient buyers. Still, the -100.72 P/E means the valuation case is not straightforward.

Q9: How much does one Texton Property Fund Ltd. share cost?
Answer: One Texton Property Fund Ltd. share costs R2.8 today on the JSE. That price per share is unchanged versus the previous close, and it sits alongside a 924.17m market cap, a negative P/E of -100.72, and a dividend yield of 22.76.

Q10: How to sell Texton Property Fund Ltd. shares?
Answer: To sell, log into your trading account, select TEX, and place a sale order for the number of SHARES you want to exit at the market or your chosen limit. With the price at R2.8 and no change today, execution should be straightforward.

How to Buy Texton Property Fund Ltd. Shares Step by Step

Open a free trading account with a JSE-supporting broker.

Verify your account by email or phone number.

Set up two-factor authentication for security.

Complete KYC verification to activate trading access.

Explore the dashboard and review TEX market data.

Deposit funds into your trading account.

Place a buy order for Texton Property Fund Ltd. shares at your preferred price per share.

Texton Property Fund Ltd. Actionable Financial Advice

Given Texton Property Fund Ltd.'s current performance, investors should HOLD the shares if prices move ABOVE R2.8 and SELL if they lose that level with conviction. Monitor macroeconomic developments and sector conditions to refine your strategy.

Latest News On Texton Property Fund Shares
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