Page 109 - Profile's Stock Exchange Handbook - 2025 Issue 2

Profile’s Stock Exchange Handbook: 2025 – Issue 2 JSE – DIP
Dipula Properties Ltd. Dis-Chem Pharmacies Ltd.
DIP DIS
ISIN: ZAE000203394 SHORT: DIPULA B CODE: DIB ISIN: ZAE000227831 SHORT: DIS-CHEM CODE: DCP
REG NO: 2005/013963/06 FOUNDED: 2005 LISTED: 2011 REG NO: 2005/009766/06 FOUNDED: 1978 LISTED: 2016
NATURE OF BUSINESS: Dipula Income Fund is a REIT and is listed on the NATURE OF BUSINESS: Dis-Chem is a leading retail pharmacy group in
JSE Ltd. under the Property: Real Estate Investment Trust sector.Dipula South Africa with its head office based in Midrand, Gauteng. The Group
wasgranted REITstatus with effect from 1 September 2013. The Company was co-founded in 1978 by pharmacists husband and wife Ivan and Lynette
listed on the JSE on 17 August 2011 and its primary business is long-term Saltzman and follows a “Pharmacy First” approach.
investment in rental income generating properties. SECTOR:CnsStp—PcDrugs&Groceries—PcDrugs&Groceries—DrugRetailers
SECTOR: RealEstate—RealEstate—REITS—Diversified NUMBER OF EMPLOYEES: 18 710
NUMBER OF EMPLOYEES: 85 DIRECTORS: Coovadia Dr A (ind ne), Goetsch S, Kobue K (ind ne),
DIRECTORS: Adams Z (ind ne), AzizollahoffBH(ind ne, UK), Halliday S Masondo H (ind ne), Mthimunye J (ind ne), Saltzman I L, Saltzman S E,
A(ind ne), Khoele N (ind ne), LinksE((ind ne), Teeroovengadum K SithebeAK(ind ne), Nestadt L M (Chair, ind ne), Morais R M (CEO),
(ind ne), Waja Y (ind ne), Matlala Z (Chair, ind ne), Petersen I S (CEO), Pope J (CFO)
Moodley S (FD) MAJOR ORDINARY SHAREHOLDERS as at 29 Feb 2024
MAJOR ORDINARY SHAREHOLDERS as at 31 Aug 2024 Ivlyn Local Investment Holdings (Pty) Ltd. 29.31%
Coronation Fund Managers 18.58% Coronation Asset Management (Pty) Ltd. 15.01%
Sanlam 7.11% Government Employees Pension Fund 10.55%
Nedbank 6.70% POSTAL ADDRESS: Private Bag X21, Northriding, 2162
POSTAL ADDRESS: Private Bag X3, Rosebank, 2132 MORE INFO: www.sharedata.co.za/sdo/jse/DCP
MORE INFO: www.sharedata.co.za/sdo/jse/DIB COMPANY SECRETARY: Nikki Lumley
COMPANY SECRETARY: Acorim (Pty) Ltd. TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd. SPONSOR: Standard Bank of South Africa Ltd.
SPONSORS: Java Capital (Pty) Ltd., Sponsors (Pty) Ltd. AUDITORS: Mazars Inc.
AUDITORS: Mazars (Gauteng) Inc.
CAPITAL STRUCTURE AUTHORISED ISSUED
CAPITAL STRUCTURE AUTHORISED ISSUED DCP Ords no par val 1 500 000 000 860 084 483
DIB B - Ord shares 6 000 000 000 910 452 117
DISTRIBUTIONS [ZARc]
DISTRIBUTIONS [ZARc] Ords no par val Ldt Pay Amt
A- Ord shares Ldt Pay Amt Interim No 14 19 Nov 24 25 Nov 24 26.98
Interim No 20 31 May 22 6 Jun 22 61.97 Final No 13 18 Jun 24 24 Jun 24 22.49
Final No 19 7 Dec 21 13 Dec 21 59.93
LIQUIDITY: Apr25 Avg 5m shares p.w., R172.2m(30.6% p.a.)
LIQUIDITY: Apr25 Avg 12m shares p.w., R57.0m(67.3% p.a.)
FOOR 40 Week MA DIS-CHEM
REIV 40 Week MA DIPULA B
4108
534
3622
445
3135
357
2649
268
2163
180
1677
2020 | 2021 | 2022 | 2023 | 2024 |
91
2020 | 2021 | 2022 | 2023 | 2024 |
FINANCIAL STATISTICS
FINANCIAL STATISTICS (R million) Aug 24 Feb 24 Feb 23 Feb 22 Feb 21
(Amts in Aug 24 Aug 23 Aug 22 Aug 21 Aug 20 Interim Final Final Final Final
ZAR’000) Final Final(rst) Final(rst) Final(rst) Final Turnover 19 563 36 283 32 664 30 407 26 278
NetRent/InvInc 871 676 840 178 833 182 823 613 816 881 Op Inc 1 032 1 779 1 744 1 539 1 266
Total Inc 891 031 855 727 848 455 838 062 848 189 NetIntPd(Rcvd) 239 440 350 313 328
Attrib Inc 774 302 588 031 1 080 512 429 454 119 071 Minority Int 20 36 27 37 19
TotCompIncLoss 780 258 678 452 1 077 857 483 197 143 162 Att Inc 578 984 1 000 853 669
Ord UntHs Int 6 354 346 6 050 615 5 926 588 5 450 805 5 295 022 TotCompIncLoss 597 1 021 1 027 890 687
FixedAss/Prop 10 141 049 9 736 071 9 586 516 9 111 679 9 094 502 Fixed Ass 4 807 4 800 4 429 3 689 3 716
Tot Curr Ass 369 828 282 337 275 052 298 287 227 048 Tot Curr Ass 11 425 10 923 9 448 8 854 8 420
Total Ass 10 579 241 10 108 280 9 973 558 9 526 791 9 584 462 Ord SH Int 4 851 4 472 3 900 3 324 2 909
Tot Curr Liab 191 442 1 612 692 1 426 849 1 361 829 1 131 424 Minority Int 4 3 32 62 43
PER SHARE STATISTICS (cents per share) LT Liab 3 736 3 843 3 233 3 175 3 447
HEPS-C (ZARc) 49.32 55.78 74.60 49.84 51.28 Tot Curr Liab 9 612 9 183 8 350 7 514 6 789
DPS (ZARc) 48.96 51.26 73.19 118.95 - PER SHARE STATISTICS (cents per share)
NAV PS (ZARc) 698.00 663.50 663.20 1 069.57 1 000.00 HEPS-C (ZARc) 67.70 114.60 116.50 99.20 77.80
3 Yr Beta - - - 0.51 0.12 DPS (ZARc) 26.98 45.73 46.57 39.69 31.10
Price Prd End 450 408 395 410 559 NAV PS (ZARc) 564.56 520.29 457.22 393.63 343.18
Price High 456 450 489 450 1 100 3 Yr Beta 0.84 0.77 - 0.19 - 0.08 - 0.02
Price Low 325 241 348 78 489 Price High 3 750 3 120 3 915 3 900 2 757
RATIOS Price Low 2 973 2 154 2 650 2 165 1 650
RetOnSH Funds 11.95 10.86 17.73 8.54 2.58 Price Prd End 3 500 3 054 2 705 3 462 2 240
RetOnTotAss 8.42 8.47 8.51 8.80 8.88 RATIOS
Debt:Equity 0.59 0.59 0.60 0.64 0.68 Ret on SH Fnd 24.61 22.80 26.13 26.29 23.30
OperRetOnInv 8.60 8.63 8.69 9.04 8.98 Oper Pft Mgn 5.27 4.90 5.34 5.06 4.82
OpInc:Turnover 58.60 60.23 61.63 62.68 63.25 D:E 0.99 1.16 1.14 1.18 1.36
Current Ratio 1.19 1.19 1.13 1.18 1.24
Div Cover 2.50 2.51 2.50 2.50 2.50
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