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Vukile Property Fund Ltd (JSE: VKE) | Share Price

Nigel Firth
Nigel Frith trader
Updated 24 Sep 2022

Vukile Property Fund Ltd is a property holding and investment company listed on the Johannesburg Stock Exchange (JSE) that invest in properties with contractual cash flows for long-term sustainability and capital appreciation.

Latest Vukile Property Fund Ltd Share Price

The graph above shows the latest Vukile Property Fund Ltd share price on the Johannesburg Stock Exchange. Investors have seen Vukile Property Fund Ltd shares perform well historically, and it remains a steady investment. Vukile Property Fund Ltd stock is live on the JSE under the stock symbol of VKE and is available to trade via various brokers in South Africa.

What is Vukile Property Fund Ltd

The history of Vukile Property Fund Ltd can be traced back to 24 June 2004 when it was listed on the JSE and on the Namibian Stock Exchange on 11 July 2007.

On 1 April 2013, Vukile Property Fund Ltd became the first property company to be awarded Real Estate Investment Trust (REIT) status by the JSE.

Today, Vukile Property Fund Ltd has a diversified portfolio of products and services in more sectors of the Real Estate value chain and renders the following services: The Company holds a portfolio of direct property assets, as well as strategic shareholdings in listed real estate investment trusts (REITs).

Vukile Property Fund Ltd’s retail properties include Boksburg East Rand Mall, Durban Phoenix Plaza, Pretoria Navarre Building, Gugulethu Square, Soweto Dobsonville Shopping Centre, Cape Town Bellville Louis Leipoldt, Pinetown Pine Crest, Randburg Square, Pretoria De Bruyn Park and Oshakati Shopping Centre. The Company’s property portfolio is managed by Broll Property Group (Pty) Ltd and JHI Properties (Pty) Ltd.

Vukile Property Fund Ltd’s equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol VKE.

Major shareholders are Government Employees Pension Fund, Sanlam Group, Encha Properties Equity Investments, Old Mutual, Eskom Pension and Provident Fund, Stanlib and Vanguard

Vukile Property Fund Ltd has its headquarters at Ground Floor, One-on-Ninth, Cnr Glenhove Road and 9th Street, Melrose Estate, 2196, South Africa.

The current CEO of Vukile Property Fund Ltd is Laurence Gary Rapp.

Vukile Property Fund Ltd forms part of the Real Estate sector, specifically, the Real Estate Investment Trust industry of the Johannesburg Stock Exchange (JSE).


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Vukile Property Fund Ltd Stock Performance

The most recent or current price for Vukile Property Fund Ltd stocks on the Johannesburg Stock Exchange (JSE) was 12.22 ZAR at the time of writing.

An analysis of financial data of Vukile Property Fund Ltd showed that the company has a total market capitalisation of 11.6 Billion ZAR, with a Price/Earnings ratio of 6.73 and earnings per share of 1.8058.

The dividend per share of VKE was 1.42 ZAR and its dividend yield was 11.7%.

A total of 956 Million shares were outstanding.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Vukile Property Fund Ltd stocks can be hopeful for lucrative dividends and earnings in times to come.

According to an analysis on the live chart of Vukile Property Fund Ltd, analysts forecast a possible further improved performance for the Real Estate sector with market share growing as trading volumes increase.

Vukile-Property-Fund-Shares

Highlights of Vukile Property Fund Ltd in 2022

Vukile Property Fund Ltd started the current financial year with a share price of 12.37 ZAR on the Johannesburg Stock Exchange (JSE), and it has lost 1.7 % in value on its price valuation, ranking 228th on the JSE with its year-to-date performance.

Vukile Property Fund Ltd is currently the 52nd most-traded stock on the JSE and it has experienced a total trading volume of more than 84.3 million shares, which were finalised in 30,421 deals and were valued at a total of 1.06 billion ZAR over a recent three month period from October 2021 to January 2022, with an average of 1.34 million shares in each trading session.

During the same period a volume high of 6.23 million was achieved on December 2 and a low of 190,976 on December 24.

How to buy Vukile Property Fund Ltd stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders' participating daily. To buy, sell or trade Vukile Property Fund Ltd stocks on the Johannesburg Stock Exchange (JSE), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “VKE”.
  2. Select a forex broker that offers access to the Johannesburg Stock Exchange (JSE).
  3. Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. You are now ready to make your first share purchase through the broker.
  6. You can further start to build and diversify your portfolio by buying more shares.

FAQs

The Johannesburg Stock Exchange (JSE) was founded in 1887 during the first South African gold rush. Today it is the principal stock exchange of South Africa and the largest exchange on the continent.

The Johannesburg Stock Exchange is located in Sandton, Johannesburg and is described as the engine room of the South African economy, with the main purpose of facilitating the raising of primary capital for listed companies while improving job opportunities and wealth creation by providing an orderly market for dealing in securities for investors.

Nigel Firth
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.