Milestone year for Vukile as it delivers 7.7% FY18 distribution growth

Property management company Vukile Property Fund achieved 7.7% growth in dividends to 168.82c a share for the full year ended March 31 on the back of a higher second-half distribution growth of 7.9%. As its international investment grows, Vukile aims to hedge 75% of its dividend flow from offshore investments over a three-year period to provide investors with predictable, stable income streams.