DLT - Delta Property Fund Limited
Delta Property Fund Ltd is a property portfolio domiciled in South Africa. The Fund's objective is to achieve maximum total return on capital consisting of bot h current income and capital gains, consistent with a diversified, risk managed real estate investment portfolio by investing in non-government offices, retail and industrial properties.
Delta is the dominant sovereign listed property fund in South Africa, is black managed and with its level 2 B-BBEE contributor status is one of the highest empowered funds in the sector. The primary focus of the Fund is long-term investment in quality, rental income-generating properties situated in strategic nodes attractive to sovereign entities and other tenants requiring empowered landlords.
Delta Property Fund Ltd engages in long-term investment in rental generating properties. It operates through the following segments: Retail, Office Government, Office Other, Industrial, and Head Office. The firm generates most of its revenue from...
Delta Property Fund Limited is listed on the Johannesburg Stock Exchange (JSE). Delta Property Fund is traded on the JSE under the ticker symbol “DLT”. The International Securities Identification Number (ISIN) of JSE:DLT is ZAE000194049. Delta Property Fund Limited is currently the 348th most valuable stock on the JSE with a market capitalization of ZAR 150 million, which is about 0.0008% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 0.20 |
| Day’s High Price | 0.21 |
| Traded Volume | 661,844 |
| Number of Deals | 12 |
| Gross Turnover | 136,276.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 0.1492 |
| Price/Earning Ratio | 1.41 |
| Dividend Per Share | 0.12 |
| Dividend Yield | 57.1% |
| Shares Outstanding | 714M |
| Market Capitalization | 150M |
DLT Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -8.7% | -38.2% | +40% |
| 6MO | 1YR | YTD |
|---|---|---|
| -4.55% | -30% | -32.3% |
The current share price of Delta Property Fund Limited (DLT) is ZAR 0.20. DLT closed its last trading day (Friday, December 8, 2023) at 0.21 ZAR per share on the Johannesburg Stock Exchange (JSE). Delta Property Fund began the year with a share price of 0.31 ZAR but has since lost 32.3% off that price valuation, ranking it 345th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that DLT has lost 38% of the stock’s value from November 10th to date.
Delta Property Fund is the 144th most traded stock on the Johannesburg Stock Exchange over the past three months (Sep 12 - Dec 8, 2023). DLT has traded a total volume of 12.3 million shares—in 194 deals—valued at ZAR 3.12 million over the period, with an average of 195,973 traded shares per session. A volume high of 3.81 million was achieved on November 28th for the same period. The table below details the last 10 trading days of activity of Delta Property Fund on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-12-08 | 66,953 | 0.21 | ||
| 2023-12-07 | 36,950 | 0.21 | ||
| 2023-12-06 | 48,828 | 0.21 | -0.05 | -19.23% |
| 2023-12-04 | 23,000 | 0.26 | +0.03 | +13.04% |
| 2023-12-01 | 120,000 | 0.23 | -0.04 | -14.81% |
| 2023-11-29 | 170,000 | 0.27 | ||
| 2023-11-28 | 3,806,590 | 0.27 | +0.03 | +12.50% |
| 2023-11-27 | 200 | 0.24 | +0.03 | +14.29% |
| 2023-11-24 | 1,467,946 | 0.21 | -0.07 | -25.00% |
| 2023-11-17 | 1,864,556 | 0.28 |
Profile of Delta Property Fund Limited
Delta Property Fund Limited was founded on March 5, 2002 and operates in the Real Estate sector, specifically, the Real Estate Investment Trust industry.
Factsheet of Delta Property Fund Limited
- Sector
- Real Estate
- Industry
- Real Estate Investment Trust
- Address
- Silver Stream Office Park, 10 Muswell Road South, Bryanston, 2021, South Africa
- Telephone
- +27-11-282-2500
DLT Industrial Market Competitors
Delta Property Fund Limited, issuers of the DLT 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 B | 7.38B | 6.72 | +40.3% |
| CVW | Castleview Property Fund Limited | 8.32B | 8.50 | +39.3% |
| SRE | Sirius Real Estate Ltd | 28.7B | 21.30 | +36.5% |
| SHC | Shaftesbury Capital | 57.9B | 29.63 | +34.7% |
| HMN | Hammerson plc | 32.2B | 6.45 | +30.3% |
| FFA | Fortress REIT Ltd A | 16.3B | 13.62 | +29.6% |
| ATT | Attacq Limited | 6.77B | 9.01 | +20.1% |
| NRL | Newpark REIT Ltd | 450M | 4.50 | +18.7% |
| HET | Heriot REIT Limited | 3.46B | 13.50 | +17.4% |
| NRP | NEPI Rockcastle Plc | 77.3B | 117.00 | +13.5% |