⚡ Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Vukile Property Fund Ltd. JSE: VKE

R24.70 ▲ 0.68 (2.83%) Prices delayed 15 min · Last updated: 2026-07-10 17:05:00

Open

23.55

Prev close

24.70

Day range

23.55 - 24.70

Volume

2 681 886

52-wk range

23.50 – 25.50

Market cap

36.86bn

P/E Ratio

13.76

EPS (ZARc)

179.54

Dividend Yield

5.83%

DPS (ZARc)

144 (cps)

Price performance

Intraday — 7D — 1M — 3M — 6M — 1Y — 3Y — 5Y — YTD —

Loading chart…

Analyst consensus

Key statistics

Market cap36.86bn

EPS179.54

P/E ratio13.76

Div. yield5.83%

DPS 144 (cps)

Issued shares1.49bn

52-week range

R 23.50 R 25.50

R24.70

Price overview

Open23.55

Previous close24.70

Day range23.55 - 24.70

Volume2 681 886

52-week range23.50 – 25.50

Change▲ 0.68 (2.83%)

P/E ratio13.76

EPS179.54

Dividend 144 (cps)

Dividend yield5.83%

Important dates

Sep 2025 Interim

Released 26 Nov 2025
Interim Div 0.6015773 ZAR

Decl 26 Nov 2025, LDT 15 Dec 2025
Interim Div 0.6015773 ZAR

Decl 26 Nov 2025, Pay 22 Dec 2025
Mar 2026

Prev Year End
Mar 2026 Final

Released 17 Jun 2026
Final Div 0.8381311 ZAR

Decl 17 Jun 2026, LDT 7 Jul 2026
13 Jul 2026

Today
Final Div 0.8381311 ZAR

Decl 17 Jun 2026, Pay 13 Jul 2026
1 Sep 2026

AGM Unconfirmed
Sep 2026

Half Year
Sep 2026 Interim

Unconfirmed for 26 Nov
Next Expected Interim Div 0.6015773 ZAR

Decl 26 Nov 2026, LDT 15 Dec 2026
Next Expected Interim Div 0.6015773 ZAR

Decl 26 Nov 2026, Pay 22 Dec 2026
Mar 2027

Next Year End
Mar 2027 Final

Unconfirmed for 15 Jun
Next Expected Final Div 0.8381311 ZAR

Decl 17 Jun 2027, LDT 7 Jul 2027

Financial results

ZAR million	Mar 26	Mar 25
Turnover	5 820	4 531
Attributable Income	5 742	3 209
Market Cap (ZARm)	30 257	21 718.80
EPS (ZARc)	441.85	270.71
HEPS (Cont Ops)(ZARc)	179.54	158.59
DPS (ZARc)	143.97	131.72

Latest SENS announcements

Vukile Property Fund Ltd. - Domestic Medium Term N

2026-06-26 08:00:00

The company has advised noteholders of the financial covenant requirements.
Vukile Property Fund Ltd. - Dealings in securities

2026-06-22 07:45:00

The company secretary has dealt in shares of the company.
Vukile - dividend declaration

2026-06-17 07:38:50

Notice is hereby given that a gross cash dividend of 83.81311 cents per share has been declared from income reserves in respect of the year ended 31 March 2026. In accordance with Vukile's status as a REIT, the distribution meets the requirements of a qualifying distribution for the purposes of section 25BB of the Income Tax Act. The distribution will be deemed to be a dividend for South African tax purposes. The dividend is payable to Vukile shareholders in accordance with the timetable set out below: *Last day to trade cum dividend - Tuesday, 7 July 2026 *Shares trade ex dividend - Wednesday, 8 July 2026 *Payment date - Monday, 13 July 2026
Vukile final results March 2026

2026-06-17 07:29:36

Gross property revenue rose to R5.8 billion (R4.5 billion) and net profit from property operations went up to R3.9 billion (R3.0 billion). Profit for the year attributable to owners of the parent leaped to R5.7 billion (R3.2 billion). Additionally, headline earnings per share increased to 179.54 cents per share (158.59 cents per share). Dividend declaration The board declared a final dividend for the year ended 31 March 2026 of 83.81311 cents per share and an interim dividend of 60.15773 cents per share for the six months ended 30 September 2025. Prospects for the group Building on a year of strong organic growth and strategic corporate activity, Vukile has significantly strengthened its position in all of the markets in which it operates. Asset rotation across the group has reshaped our portfolio to rank amongst the strongest in Iberia, increased our exposure to the performing township and rural segments in South Africa, while the acquisition of three shopping centres in Italy (post year-end) establishes a platform to build a business in a new market with very positive property fundamentals. Complementing this, our strategic investment in Pradera enhances our access to pan-European retail expertise and supports further expansion into European markets, specifically Italy. Looking ahead to FY27, Vukile is well positioned to build on this momentum to achieve inflation-beating growth in the year ahead. The group successfully completed a R2.8 billion capital raise in May 2026, which was significantly oversubscribed, reflecting strong investor confidence in our strategy and execution. We forecast growth in FFO per share of between 8% and 10% for the year ending 31 March 2027 and intend to marginally increase our dividend payout ratio from 83% to 85%, supporting projected dividend per share growth of between 10% and 12%. This guidance is put forward notwithstanding a strengthening of the Rand relative to the prior period. In constant currency, the forecast growth in FFO per share and dividend per share for FY27 would be 1.7% higher than guided. This guidance assumes no material changes in exchange or interest rates, with a forecast ZAR/EUR rate of R19.60/EUR, and no adverse changes in trading conditions or leasing dynamics which are assumptions that are largely outside the influence of the directors. Change in company secretary Effective 1 July 2026, Johann Neethling will step down as company secretary and will be replaced by Shadley Sasman. Johann Neethling assumes a new role in Vukile as Group Director: Human Capital and Governance, focused on group-wide human capital management and governance.
Vukile Property Fund Ltd. - Index Change Advice –

2026-06-03 17:35:00

A notice has been released regarding the updates to FTSE/JSE Africa Index Series.

Peer comparison

Company	Price (ZAR)	Change	Market cap
HAMMERSON (HMN)	R 81.45	+1.37%	—
VUKILE (VKE)	R 24.70	+2.83%	—
RESILIENT (RES)	R 82.40	+1.93%	—
HYPROP (HYP)	R 61.00	+2.13%	—
SUPR (SRI)	R 19.18	+0.37%	—

People Also Watch

Kumba Iron Ore Ltd.

284.11

South32 Ltd.

46.34

Pepkor Holdings Ltd.

21.77

Mondi plc

155.65

Today's Verdict

Today's verdict: Vukile Property Fund Ltd. price forecast remains constructive on the back of supportive charts and a steady historical graph, with growth still visible in the latest data. At a price today in rands of R24.26, the buy or sell debate leans on dividend strength, payout visibility, and whether preference shares matter for income comparisons. For investors reviewing for sale opportunities, the share code VKE offers measurable data for a cost-conscious online purchase through a trading account, and the current prediction suggests traders should watch the graph for confirmation before trying to buy on a breakout.

Vukile Property Fund Ltd. Live Share Data

Label	Value
Data as of	2026-07-10 09:51:03
Share Name & Ticker	Vukile Property Fund Ltd. (VKE)
Exchange	JSE (Johannesburg Stock Exchange)
Sector & Industry	Real Estate / REIT
Current Price	R24.26
Market Capitalization	R35.85bn
P/E Ratio	13.38
Dividend Yield	5.99%
Trading Volume (Live Data)	31 907
Recent Price Change	1

Vukile Property Fund Ltd. Key Highlights

Label	Value
Current Price	R24.26, reflecting a 1 move from the previous close.
Market Cap	R35.85bn, indicating large market presence.
P/E Ratio	13.38, suggesting fair valuation.
Dividend Yield	5.99%, attractive for income-focused investors.
Volatility	Moderate, supported by the latest 31 907 trade volume and a modest recent move.

Vukile Property Fund Ltd. Limited Forecast Insights

Bullish outlook: the share is holding above a defensible price level around R24.26, while the dividend yield and large-cap profile can help cushion downside. A sustained move in trading volume above today’s 31 907 level would strengthen momentum; weaker volume could leave the stock range-bound.

FAQ on Vukile Property Fund Ltd. Shares

Q1: What are Vukile Property Fund Ltd. shares?
Answer: Vukile Property Fund Ltd. shares are JSE-listed equity in a large real estate fund. The live data shows a market capitalisation of R35.85bn, a current price of R24.26, and a dividend yield of 5.99%, which points to an income-focused profile.

Q2: How can I buy Vukile Property Fund Ltd. shares?
Answer: You can buy VKE on the JSE through a regulated online trading account. Based on today’s data, the price per share is R24.26, so investors should compare that cost with the dividend yield of 5.99% and decide whether to trade now or wait.

Q3: What affects the price of Vukile Property Fund Ltd. shares?
Answer: The price is influenced by JSE sentiment, trading volume, valuation, and income expectations. With a P/E ratio of 13.38, a price of R24.26, and a recent change of 1, the market appears to be balancing yield demand against near-term momentum.

Q4: Does Vukile Property Fund Ltd. pay dividends?
Answer: Yes. The live data shows a dividend yield of 5.99%, which indicates regular shareholder payout potential. For income-oriented investors, that dividend profile is a key part of the share’s appeal alongside the R24.26 price per share and large-cap scale.

Q5: How can I track my Vukile Property Fund Ltd. shares and dividends?
Answer: Track VKE on your brokerage dashboard and monitor dividend announcements, price movements, and trading volume. Today’s data shows R24.26 per share, 31 907 in volume, and a 5.99% dividend yield, giving investors a useful baseline for monitoring performance.

Q6: What factors are affecting the Vukile Property Fund Ltd. share price?
Answer: The share price is being shaped by its REIT sector positioning, the 13.38 P/E ratio, dividend yield of 5.99%, and the modest price change of 1. With volume at 31 907, liquidity is active but not extreme.

Q7: Is Vukile Property Fund Ltd. a good share to buy?
Answer: The live figures suggest it may suit investors seeking income rather than aggressive growth. At R24.26, with a 5.99% dividend yield and a market cap of R35.85bn, the share looks reasonably priced, though buy decisions depend on portfolio goals.

Q8: Is it advisable to buy Vukile Property Fund Ltd. shares today?
Answer: Today’s data supports a cautious buy view for income-focused buyers, not a rushed chase. The price is R24.26, the dividend yield is 5.99%, and the recent change is 1, so traders may prefer to buy only if momentum holds.

Q9: How much does one Vukile Property Fund Ltd. share cost?
Answer: One Vukile Property Fund Ltd. share costs R24.26 today. That price per share is accompanied by a 13.38 P/E ratio, 5.99% dividend yield, and 31 907 in live volume, which gives a clear snapshot of current market pricing.

Q10: How to sell Vukile Property Fund Ltd. shares?
Answer: Sell VKE through your brokerage platform by placing a sell order at the prevailing JSE market price. With today’s price at R24.26 and a recent move of 1, investors should ensure the order matches their exit target and liquidity conditions.

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

Open a free trading account with a regulated JSE broker.

Verify the account via email or phone number.

Set up 2FA for added security.

Complete KYC so your profile is verified.

Review the trading dashboard and search for VKE.

Deposit funds into your trading account.

Place your purchase order and monitor the price per share.

Vukile Property Fund Ltd. Actionable Financial Advice

Given Vukile Property Fund Ltd.'s current performance, investors should HOLD the shares if prices move ABOVE R24.26 and SELL if they break BELOW that level. Monitor macroeconomic developments, JSE liquidity, dividend stability, and REIT sector conditions to refine your strategy.

Background of Vukile Property Fund

Before expanding into Spain, Vukile established itself as a South African listed property fund. Vukile was incorporated in 2002. Its JSE listing came on 24 June 2004, followed by the Namibian Stock Exchange on 11 July 2007. The shares trade under VKE and VKN.

Vukile’s property base is mainly retail. The South African portfolio is owned directly, while the offshore side comes through Castellana Properties in Spain and Portugal. After the 2026 year-end, the group entered Italy through the purchase of three retail centres.

The South African portfolio is built around township, rural, commuter, convenience, and regional shopping centres. The Iberian portfolio is shopping centres and retail assets.

By 31 March 2026, Vukile had a direct property portfolio worth R56.3 billion, a market capitalisation of R30.3 billion and 1,369,093,431 shares in issue. The group’s financial year-end is 31 March.

Vukile’s listed property exposure falls under the property sector, with retail REITs as the relevant industry grouping.

The group also has a JSE debt programme under VKEI, which is relevant because property funds use debt together with equity funding to buy and develop assets and manage refinancing risk.

Vukile Property Fund Shares Growth Driver

The latest reported period ended on 31 March 2026. Vukile’s funds from operations rose 9.3%, reaching 173.6 cents per share. Total dividend per share also rose 9.3% to 143.97084 cents.

Gross property revenue rose 32.8% to R5.837 billion, helped by acquisitions and rental income from the South African and Iberian portfolios.

The South African portfolio reported like-for-like net operating income growth of 10.3%, rental reversions of positive 3.7% and vacancies of 1.7%. Castellana reported like-for-like net operating income growth of 7.9% and vacancies of 1.1%.

The loan-to-value ratio improved to 38.4%, while the interest cover ratio improved to 3.0 times. Vukile ended the year with R3.7 billion in cash and R3.9 billion in undrawn debt facilities.

Solar capacity in the South African portfolio reached 40.3MWp and produced 29% of that portfolio’s electricity.

Vukile’s share base changed in May 2026 after the company raised about R2.8 billion through an equity issue. This happened before the final dividend declaration.

For the 2027 financial year, Vukile’s guidance points to FFO per share growth of 8% to 10%. Management also expects dividend per share growth of 10% to 12%.

Vukile Property Fund Group Investor Tip

This is a REIT share, which makes the dividend, payout level, debt position, and property income central to the investment case. Vukile’s 2026 payout added up to 143.97084 cents per share. The interim dividend accounted for 60.15773 cents, with the final dividend adding 83.81311 cents.

The last day to trade cum dividend was 7 July 2026. The company declared the dividend against 1,492,308,431 issued shares.

The final dividend was a qualifying REIT distribution for South African tax purposes. South African tax resident shareholders treat the dividend as gross income and may be exempt from dividend withholding tax once the required forms are in place.

Non-resident shareholders were subject to 20% dividend withholding tax unless a tax treaty lowered the rate. The net dividend using the 20% rate was 67.05049 cents per share.

Investors should watch FFO per share, dividend per share, payout ratio, loan-to-value, interest cover, vacancies, rental reversions, tenant sales, Spanish and Portuguese exposure, and the Italian acquisitions. Portfolio funding, acquisition timing, and foreign currency exposure therefore deserve close annual review.

Vukile Property Fund Major Shareholders

Latest update: 31 March 2026.

Government Employees Pension Fund: 21.56%, 295,189,242 shares
Sanlam Group: 5.19%, 71,036,952 shares

Broker	Deposit	Sign Up
	Minimum Deposit: $100	Visit Now
	Minimum Deposit: $10	Visit Now
	Minimum Deposit: $100	Visit Now
	Minimum Deposit: $0	Visit Now