DIB - Dipula Income Fund B
Dipula is a REIT that owns a diversified portfolio, comprising retail, office and industrial properties located across all provinces in South Africa. The majority of properties are located in Gauteng. Dipula trades under the codes DIA and DIB.
Dipula Income Fund B is listed on the Johannesburg Stock Exchange (JSE). Dipula Income Fund B is traded on the JSE under the ticker symbol “DIB”. The International Securities Identification Number (ISIN) of JSE:DIB is ZAE000203394. Dipula Income Fund B is currently the 154th most valuable stock on the JSE with a market capitalization of ZAR 3.39 billion, which is about 0.018% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 3.70 |
| Day’s High Price | 3.75 |
| Traded Volume | 705,703 |
| Number of Deals | 55 |
| Gross Turnover | 2.64M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 0.5482 |
| Price/Earning Ratio | 6.79 |
| Dividend Per Share | 0.51 |
| Dividend Yield | 13.7% |
| Shares Outstanding | 912M |
| Market Capitalization | 3.39B |
DIB Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -5.82% | -9.27% | -12.3% |
| 6MO | 1YR | YTD |
|---|---|---|
| -5.82% | -10.1% | -5.82% |
The current share price of Dipula Income Fund B (DIB) is ZAR 3.72. DIB closed its last trading day (Friday, April 26, 2024) at 3.72 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.5% drop from its previous closing price of 3.74 ZAR. Dipula Income Fund B began the year with a share price of 3.95 ZAR but has since lost 5.82% off that price valuation, ranking it 245th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that DIB has lost 9% of the stock’s value from March 27th to date.
Dipula Income Fund B is the 89th most traded stock on the Johannesburg Stock Exchange over the past three months (Jan 26 - Apr 26, 2024). DIB has traded a total volume of 39.3 million shares—in 1,458 deals—valued at ZAR 166 million over the period, with an average of 624,089 traded shares per session. A volume high of 5.82 million was achieved on February 20th, and a low of 67 on March 8th, for the same period. The table below details the last 10 trading days of activity of Dipula Income Fund B on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-04-26 | 705,703 | 3.72 | -0.02 | -0.53% |
| 2024-04-25 | 248,853 | 3.74 | -0.05 | -1.32% |
| 2024-04-24 | 451,152 | 3.79 | -0.11 | -2.82% |
| 2024-04-23 | 234,734 | 3.90 | -0.09 | -2.26% |
| 2024-04-22 | 920,353 | 3.99 | +0.04 | +1.01% |
| 2024-04-19 | 140,394 | 3.95 | +0.05 | +1.28% |
| 2024-04-18 | 554,607 | 3.90 | -0.10 | -2.50% |
| 2024-04-17 | 108,736 | 4.00 | +0.01 | +0.25% |
| 2024-04-16 | 6,581 | 3.99 | +0.09 | +2.31% |
| 2024-04-15 | 332,006 | 3.90 |
Profile of Dipula Income Fund Ltd.
Dipula Income Fund Ltd. operates in the Real Estate sector, specifically, the Real Estate Investment Trust industry.
Factsheet of Dipula Income Fund Ltd.
- Sector
- Real Estate
- Industry
- Real Estate Investment Trust
- Address
- 12th Floor Firestation Rosebank, 16 Baker Street, Rosebank, Johannesburg, 2196
- Telephone
- 011 325-2112
- Izak@dipula.co.za
- Website
- www.dipula.co.za
DIB Industrial Market Competitors
Dipula Income Fund Ltd., issuers of the DIB stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Real Estate sector and/or Real Estate Investment Trust industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| FFB | Fortress REIT Ltd | 17.2B | 14.41 | +103% |
| GTC | Globe Trade Centre S.A. | 23B | 40.00 | +100% |
| DKR | Deutsche Konsum REIT-AG | 5.48B | 156.00 | +30% |
| TEX | Texton Property Fund Limited | 1.05B | 3.18 | +27.2% |
| EMI | Emira Property Fund Ltd | 5.02B | 9.60 | +12.3% |
| LTE | Lighthouse Capital Ltd | 14.7B | 8.05 | +9.52% |
| ATT | Attacq Limited | 7.53B | 10.09 | +9.44% |
| SAC | SA Corp Real Estate Ltd | 6.36B | 2.53 | +9.05% |
| NRL | Newpark REIT Ltd | 480M | 4.80 | +6.67% |
| VKE | Vukile Property Fund Ltd | 16.3B | 14.76 | +4.53% |